This is turning into the dystopia from Back to the Future ii pic.twitter.com/fEKHSkiGVl
— Darth Powell (@VladTheInflator) January 5, 2025
U.S. unemployment rate expected to rise to 4.36% in December. Highest since October 2021, according to Bloomberg pic.twitter.com/um68YbqcxM
— Daniel Lacalle (@dlacalle_IA) January 5, 2025
Unemployment is expected to be 4.3% on Friday, which is pretty much inline with the chart.
I'd expect unemployment to start skyrocketing when the January numbers come out in February. https://t.co/mg8NW3dtAv pic.twitter.com/aUYnmhDBtZ
— Financelot (@FinanceLancelot) January 5, 2025
‼️GLOBAL MANUFACTURING IS IN A RECESSION‼️
Global manufacturing PMI contracted for the 4th out of the last 5 months.
Production was cut in December due to disappointing inflows of new orders.
Data suggests global trade volumes falling 3-4% Y/Y, the most since 2020. pic.twitter.com/GcQbF69f5t
— Global Markets Investor (@GlobalMktObserv) January 5, 2025