> announces layoffs 2 days before earnings
> blames it all on AI
> earnings come out and they miss EPS by 4000%
> that is 4 followed by 3 0s
hyperliquid
Breaking:
February jobs number:
-92,000 vs +50,000 expectations. Catastrophic miss
Unemployment rate 4.4% vs 4.3% expectations
Retail sales
-.2% vs -.3% exp.
Stocks down on the number.
Bond yields plunged.
Damn this is quite the expose!
Just... WOW.
Justin has become the investigative journalist
I didn't realize we needed.
(in the long run no one can suppress Bitcoin's price... but short term FAFO)
Every effort to reduce housing cost by subsidizing demand will result in increasing Home prices
The only ways to make homes more affordable in the long run is to increase supply or reduce demand
CPI inflation data quality continues to decline:
In September, 40% of CPI items were estimated, up from 36% in August.
When price data is unavailable, the BLS "fills the gaps" with estimated values, which typically account for ~10% of all CPI entries.
The percentage has now QUADRUPLED over the last 7 months.
This all means ~40% of price quotes across 200 product and service categories were calculated using substitute pricing, where data collectors filled in missing figures with values from other categories or regions.
CPI numbers are becoming less accurate and less reflective of real consumer costs every month.
What is happening here?