In 1 out of 5 US States, jobless claims have already risen more than 25% on a YoY basis.
The overall number remains contained, but the breadth (blue) is deteriorating to levels which have often preceeded recessions.
🤨
Bernanke/Yellen/Powell Fed policy:
Easy money and rising equity markets for the wealthy.
U.S. Dollar depreciation and inflation for lower income Americans.
It is with great sadness we share that longtime GSGA team member C. Layne Williams has passed away.
The Williams family and all who knew Layne are in our thoughts and prayers.🙏⛳
Some amazing takeaways from @JeffBezos annual letter:
1) 28% of purchases on $AMZN are completed in less than 3min (!!).
2) 50% of purchases on $AMZN are completed in less than 15min.
3) Research suggests going to an offline store to do the same task takes 1 hour.
For anyone who missed this, find some time this weekend, keep an open mind, and listen to the points being made. There is much more to this game than simply "money printer go brrrrr"...
"Governments and central banks never perceive risks of excess supply and even less predict bubbles.
Why?
Because most central planners see debt, oversupply, and bubbles as collateral damages of a greater good: recover growth at any cost."
@dlacalle_IA
https://t.co/39Isoncrc5
"He definitely gave us some Scottish weather. He's smiling down on us."
Nearly a decade his sudden death, @GaSouthernGolf is still trying to grasp the fact that Eagle golfer Thomas Sharkey is gone
They decided to honor him the only way they knew how
https://t.co/qUqL3OBgTm
On the 19th anniversary of 9/11 this is the best story @espn has ever done. Some of you following me are so young you don’t remember 9/11. You need to watch this. Others can always use a reminder. This is real heroism. Watch: https://t.co/jsE1hKve1C
“I had no hope on Wednesday.”
Propelled by the support of his wife Patricia, @Seth_Reeves shook off six straight missed cuts and authored a comeback victory @PinnBankGolf.
Reasons to hire an athlete:
•They are used to working under pressure
•They understand that doing work outside of working hours is where they’ll find their advantage
•They’ve endured success & defeat; they handle adversity
•They sacrifice personal accolades for team success