US job growth is about to be cut 50%!
That’s the IMF’s base case.
At the same time: GDP is up and
unemployment is stable according to them.
So where is the growth coming from?
Not jobs. They say that productivity and AI are replacing labor.
They’re literally modeling an economy that expands… without hiring you.
Just got off a call with a friend who got laid off from Oracle yesterday.
His package was 48 LPA. Principal Software Engineer. 14 years at Oracle.
He shifted his aging parents to live with him in Bangalore last year. Took a bigger house on rent. 85k per month.
Two weeks ago, his VP gave him a spot bonus for exceptional leadership.
Yesterday morning. No call. No warning. Just an automated HR email.
He has two kids. One in college. One preparing for JEE next year.
He didn't cry. He just sat silent for 5 minutes. Then said What do I tell my father?
14 years of loyalty. 48 LPA to zero in one email.
And they still put People First in their job postings.
Hypocrites.
A mother earning $60K says she can’t afford her daughter’s medical care—but would qualify for assistance if she earned less.
She says the system punishes those trying to stay afloat.
https://t.co/TqCdIYcbym
This is how electrical stunning is performed in slaughterhouses. A controlled electric current is applied for a few seconds to cause immediate loss of consciousness before slaughter. The goal is that the animal does not perceive pain during the process.
$QQQ 1m
Session VPOC just shifted to HOD and institutional accumulation remains VERY vivid off this monthly support...
Climatic or are we about to surge higher?
The timing of the Epstein files released and the Fed Chair announcement, right in the middle of Earnings Season where we suspected margins would take a hit appears organised
But the market hates it.