Sell In September Before The Markets Dismember. US Futures Signal Weaker Open As Nvidia Slips. The Goods-Producing Side Of The Economy Is In Trouble.

Semiconductor stocks are leading benchmarks across Asia lower following a drop in US equites after Nvidia Corp. suffered a record-setting $279 billion rout. The US Justice Department sent subpoenas to Nvidia and other companies as it seeks evidence that the chipmaker violated antitrust laws. https://www.bloomberg.com/news/articles/2024-09-03/stock-market-today-dow-s-p-live-updates?embedded-checkout=true Nvidia down 2% in premarket trading after plunge that wiped …

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JPY carry trade’s impact on US equity slump is uncertain; past patterns signal danger.

No one can say how much #JPY carry has contributed to recent US equity market slump. However, for 25y strong changes in JPY funding market (swap spread) have always coincided with strong US equity market corrections (monthly <-15%). Conditions are reunited again today. pic.twitter.com/0QIJcbLHXf — 🏳️‍🌈 Patrick Krizan 🇺🇦 (@PatrickKrizan) August 5, 2024 https://twitter.com/leadlagreport/status/1820439147909177692

This bond-market signal of impending recessions went on a wild ride. Here’s its message.

As risk-off sentiment swept the globe on Wednesday and handed U.S. stocks their worst day since late 2022, the bond market was acting in a rather strange way. Shorter-term U.S. government debt rallied, sending the policy-sensitive 2-year yield to its lowest level in more than five months or almost 4.42%. Meanwhile, long-term Treasurys sold off, …

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Study finds declining credit scores may signal early onset of Alzheimer’s, with delinquencies spiking before diagnosis.

A financial tool that millions of Americans rely on, known as a credit score, could be hiding a sinister secret about your brain health, experts warn. A new study by the New York Federal Reserve and Georgetown University has uncovered a disturbing link between declining credit scores and the onset of Alzheimer’s disease and related dementias (ADRD). The research, …

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Four months of declining full-time jobs signal looming recession despite Fed’s hopeful outlook.

What’s happening now is a troubling shift in the job market. Job openings are being filled as new entrants join the labor force and displaced workers find new positions. However, these job openings are not being replenished, leading to an uptick in the unemployment rate. It’s becoming increasingly difficult to find work, and unless the …

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S&P 500’s highs rely on Tech; Nvidia’s stock split could signal decline, recession ahead.

As we see in the chart below, in recent years the S&P 500 has made no new highs without Tech leadership. Which is unfortunate, because it appears that the Nvidia is having its Gamestop moment ahead of this impending stock split (tomorrow after the close).… pic.twitter.com/bU54jn9mKh — Mac10 (@SuburbanDrone) June 6, 2024 Bitcoin Update . …

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Target And Walmart Signal That Americans Are In Trouble

In a surprising move that has caused ripples throughout the retail industry and beyond, two of America’s biggest retail giants, Target and Walmart, have taken significant actions that may spell trouble for the average American consumer. These actions include aggressive price cuts and strategic discounting initiatives, which serve as a warning sign that many people …

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Why We Stopped Using Signal “Secure” Messenger

There are three main problems with the network and business architecture of secure messengers like Signal, Telegram, etc. Free is a business model only if data is resold, it won’t work for privacy. (or the service goes out of business). These messengers are all free to the user, therefore someone is paying to run the …

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Fed’s missteps risk catastrophic damage as labor market woes signal recession looming

Concerns arise over Federal Reserve’s handling of unemployment, with predictions of further damage to the labor market. Recent data signals a cooling labor market, evidenced by rising unemployment rates and increased part-time employment. Speculation mounts for additional Fed rate cuts as recession indicators intensify. Call Milli Vanilli because this shi* is getting real Now Fed …

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Sahm Rule and Goldman Sachs indicator signal recession since October 23, 2023, as employment outlook dims.

As economic indicators flash warning signs, the Sahm Rule and Goldman Sachs McKelvey indicator converge to declare the onset of recession since October 23, 2023. With employment outlooks turning bleak, early business surveys hint at a downturn in both manufacturing and services sectors for April, casting a shadow over the trajectory of the economy. Amidst …

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JD Vance tells House republicans to block aid package for Ukraine. Bad blood surfaces. Democrats signal they will help pass Ukraine bill.

Sen. J.D. Vance on Wednesday encouraged a group of House Republicans to block debate on their own speaker’s foreign aid plan — an uncommon effort by a member of one chamber to sway policy across the Capitol. Vance (R-Ohio) delivered the remarks Wednesday before the Republican Study Committee, the biggest House GOP caucus, according to …

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Global debt surges for economic support, inflation fears rise; Gold and Bond Vigilantes signal distrust in Fed and US government.

Governments around the world are diving into debt to keep their economies going. That makes things seem fine at first, but it leads to massive inflation. Buckle up, because more is coming. https://t.co/4B8E6z9BCW — Wall Street Mav (@WallStreetMav) April 5, 2024 The @NDR_Research Daily Commodity Sentiment Model is at its highest (most optimistic) since March …

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The surge in USD/CHN, the crash of China EFund’s ETF, the largest outflow from US stocks, and the surge in the USD signal market turmoil.

Recent market movements have set off alarm bells across the financial landscape, prompting investors to scrutinize the underlying causes behind the sudden upheaval. One notable indicator of trouble brewing is the surge in the USD/CHN pair, surpassing the critical 7.25 mark, while the Chinese yuan faces significant downward pressure. This abrupt shift in currency dynamics …

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GOP senators signal that only way out of Ukraine-Russia war likely is ‘negotiated settlement’

Many Republican senators are openly saying a negotiated settlement will be necessary to end Ukraine’s ongoing war with Russia, as Speaker Mike Johnson resists a vote to send additional aid to the key U.S. ally. “The reality at this point that we have to confront is that that war ends with a negotiated settlement,” said …

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BEARISH SIGNAL – Google trends searches for “Laid off” are reaching levels we have only seen since March 2020 and the 2008 recession.

by PreviousComment1 Those 300,000 new jobs created that you heard about on the news last month? They’re all from people taking part-time jobs. We’ve lost 1.3 MILLION full time jobs since November 2023. Remember that when they try to gaslight you that the economy is doing great. The household survey, of WORKERS, shows full time employment …

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Fed Chair on 60 Minutes signals a slower rate cut, leading to potential stock market pressure on bank stocks.

(Bloomberg) — Federal Reserve Chair Jerome Powell will appear on CBS News’s 60 Minutes this Sunday and will discuss inflation risks, expected rate cuts and the banking system, among other topics, the network said. CBS announced his appearance on the social media platform X on Thursday, the same day that the interview was conducted. Powell …

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