Industrial output in July was -0.1% month-on-month and +1.4% year-on-year; manufacturing remained flat, while mining and utilities weakened → cyclical stocks are under short-term pressure, pay attention to the pace of inventory replenishment and verification of September data.
POWELL’S JACKSON HOLE SPEECH COULD SUPPORT DOLLAR
MUFG says the dollar may rise if Powell avoids clear rate-cut signals Friday, unlike last year when remarks preceded a 50 bps cut. He may wait for more data before September, easing pressure on the dollar.
Leading indicators suggest the US unemployment rate is set to rise:
In July, 11% of small businesses said poor sales were their most important problem, the highest share since the 2020 pandemic.
This share has doubled over the last 7 months.
In previous economic cycles, this has been a leading indicator for rising unemployment.
It also now signals that the unemployment rate could exceed 5% in the coming months.
Small firms employ ~62.3 million workers, or 45.9% of all employees, according to the Small Business Administration.
When small businesses struggle, the entire economy feels it.
BREAKING: Iran’s Supreme Leader responds to the United States’ strikes on Iranian nuclear facilities:
“Americans should expect greater damage and blows than ever before,” he says.
@JMBertrand_X@Vivek4real_ In fact, most institutions will use compliant custody such as Coinbase Custody. However, whether it is physical or derivatives, once Saylor makes a move, the market will still fluctuate.
@Andrew_8t20@Vivek4real_ Whether they bought it tomorrow or last week, the important thing is: they are still adding to their positions. The direction of smart money is worth referring to, not blindly believing.
XRP may really be about to reach a critical turning point. The judge did not oppose the settlement, which shows that there is still room and sentiment is brewing. The next wave is worth keeping an eye on. #XRP#ripple
Can we still believe in long-term investing
when currencies shake, policies flip,
and regimes rewrite rules mid cycle?
Long-termism now means not blind holding
but choosing to believe the future is still reachable, even as the map burns.
I used to ask God to "help me change everything", but now, I just ask Him to keep me honest and sober in the chaos. From "praying for external changes" to "just praying for the heart not to collapse", maybe this is what is called growth.