@Sunflower7356 Profile picture

Sunflower

@Sunflower7356

Between hiking and reading is my happy place

Sunflower Reposted

BIDENOMICS - The Democrats failed to mention their stats are misleading: Full-time workers: -625K Part-time workers: +286K Native-born workers: -663K Foreign-born workers (mostly illegal): +414K

🚨 BREAKING: The US economy added 272,000 jobs in May, exceeding expectations

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Americans are quite literally being replaced in the jobs market

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The Top 3 companies in the S&P 500 (Microsoft, Nvidia, & Apple) now make up 19.7% of the index, the highest concentration on record with data going back to 1980. creativeplanning.com/charlie/

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GOLDMAN DESK: “.. The bar for being short equities right now is very high given upcoming flow .. dynamics. .. “.. New quarter (Q3), new half year (2H), this is when a wall of money comes into the equity market quickly.  .. ~9bps of new $$ gets put to work every July. On $29…

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ADP Manufacturing Employment Vs. BLS Manufacturing Employment

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This is absolutely insane... Deutsche Bank takes a shocking $350M loss on a Manhattan office building DB paid $500M for the tower at 222 Broadway in 2014 They just sold the building to a TPG JV for $150M The office meltdown in Manhattan has gone from scary to disaster for…

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This was a sharp, tactical call from two weeks ago, given this week's soft: 1. ISM manufacturing 2. JOLTS 3. ADP

No Wall Street desk is more convinced that inflation is about roll over than Morgan Stanley. [Zentner] 🇺🇸 “Weaker prints are coming.” #CPI #PCE

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China has been buying Gold and dumping US Treasuries like never before in history

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BREAKING: Putin Plans to deliver arms to countries at odds with the West.. -Inside Paper This is escalating quickly.

BREAKING: Ukraine uses US weapons to strike inside Russia with guidance approved by The Biden Administration. -AP This is going to escalate the conflict to a new level.



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But they told us non-citizens can’t vote. And don’t! Now it’s clear they were lying. We need to pass the SAVE Act. Now!

Alabama Secretary of State Wes Allen confirms Biden is registering noncitizens to vote. Remember: Democrats. Are. Cheaters. x.com/alasecofstate/…



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Bank of Canada Cuts Rates to 4.75%. Central bank becomes first in G-7 to launch into easing cycle. Canada cut interest rates by a quarter of a percentage point, making it the first Group of Seven central bank to kick off an easing cycle. bloomberg.com/news/articles/…


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🚨BANK OF CANADA CUTS RATES🚨 Why does this matter? They did so in the face of persistent shelter inflation In Canada in March, shelter prices increased by 6.5% year-over-year, with rent increasing by 8.5% THEY CUT ANYWAY. America, your move next 🇺🇸

The Bank of Canada makes its first rate cut bankofcanada.ca/2024/06/fad-pr…



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I really, really dislike spider charts.

June 4: View our updated #LaborMarket spider chart with April #JOLTS data: atlfed.org/4e0hBlA #ATLFedResearch

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BARCLAYS: “.. US consumers are holding steady .. We acknowledge there are some adjustments in spending, but we are far from sounding any alarms.” 🇺🇸

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PAULSEN: “.. Compared to several economic and financial market metrics, the 10-year Treasury yield looks too high. .. “.. As real economic activity and inflation slow further, the likelihood of a significant decline in the 10-year yield is growing. .. After all, gravity has a…

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When investors panic, they panic in pretty much the same way. They sell everything, regardless of merit. Correlations rise toward 1. When they're willing to judge stocks on their own merits, correlations drop. Those correlations are now the 3rd-lowest in 22 years (scale…

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* Goldman Sees ‘Wall of Money’ Fueling Stock Market’s Summer Party ⁦@business⁩ ⁦@JohnSpall247⁩ $SPX 🇺🇸

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ISM services index rises to 53.8 from 49.4 in April. Prices paid at 58.1 were slightly lower than last month but remain high. New orders index 54.1 up from 52.2, but employment remained soft at 47.1. Overall - on the stronger side of expectations but hiring weak.

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Once again, we must congratulate Nancy Pelosi on her uncanny talent for profiting off the stock market while remaining in the top positions of power of the US Government.

BREAKING: Nancy Pelosi has now made +$4,000,000 off her $NVDA, Nvidia options. She is up +210% in 197 days & still not sold her calls. Pelosi has made TWENTY times her salary. Her portfolio is near all time highs, up 93%. You can follow her on Unusual Whales.

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B of A: Bubble in tech stocks? “.. the lack of a material rise in tech volatility suggests we are not there yet. Return dispersion (how much stocks diverge) also shows few bubble signs as do valuations compared to the late ‘90s.” $XLK

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