control^3

human health, intelligent AI, data that drives profits

[control^3 @controlcubed]

The winners are not the ones who know the most about AI.

They’re the ones who leverage AI to amplify their human strengths:

Judgment
Empathy
Creativity
Strategy
Meaning-making
Leadership

AI lifts the ceiling. Humans decide what to build under it.

[Barchart @Barchart]

JUST IN 🚨: U.S. Dollar Index $DXY closes above 100 for the first time in 2 months 📈💵🇺🇸

[Liz Ann Sonders @LizAnnSonders]

May nonfarm payrolls +172k vs. +88k est. & +179k in prior month (rev. up from +115k)

[zerohedge @zerohedge]

US nonfarm payrolls 172K, Exp. 88K, above highest estimate

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Broadcom, $AVGO, extends losses to -16% on the day after posting weaker than expected earnings.

The stock is set to erase -$350 BILLION today.

[Liz Ann Sonders @LizAnnSonders]

.@MBAMortgage mortgage applications for week ended May 29 fell -2.5% vs. -8.5% prior … 30-year mortgage decreased to 6.57% vs. 6.65% prior

[zerohedge @zerohedge]

PMI Services May Final 50.7, Exp. 51.0

[zerohedge @zerohedge]

ADP Private Payrolls 122K, Exp. 120K, Last 105K

[Barchart @Barchart]

Potential Stock Market Crash Warning 🚨: The last time the S&P 500 rose as fast as it has over the last 2 months, excluding recessions, was just before 1987 Black Monday 🤯👀

[Liz Thomas @LizThomasStrat]

Big JOLTS surprise: Job openings surge to 7.62m, highest since mid-2024, significantly above consensus for 6.87m and above the highest forecast of 7.05m (+9 std dev surprise!). Openings per unemployed worker above 1 for the first time in almost a year.

[Codie Sanchez @Codie_Sanchez]

Every generational wealth transfer in history created a window.

Only the few moved through it...

• Farmland in the 1980s (prices dropped 60%, most farmers went bankrupt)
• Tech stocks in 2002 (fewer than 1 in 5 Americans owned any stocks at that time)
• Real estate after 2008 (home prices down 33%, most people panic-sold while institutions bought)

Right now, the opportunity is buying main street businesses from retiring boomers. 2.9 million owners are heading for the exit with no buyer lined up, and $10 trillion in assets behind them.

The ones who move in the next 5 years will set up their families for generations….

[Liz Ann Sonders @LizAnnSonders]

Technology not only drove S&P 500 returns in May, it was only sector to outperform index

[Barchart @Barchart]

Gold has now traded red for 3 consecutive months, its longest losing streak since 2022 📉📉

[control^3 @controlcubed]

@Math_files Mathematics have been mastered by AI✌🏻

[Ken Cao-The China Crash Chronicle @Ken_LoveTW]

China is experiencing one of the largest waves of capital flight in modern financial history since Xi came to power.

An estimated $1 TRILLION flowed out of China in 2025 alone, the biggest annual capital outflow since records began in 2006. Capital outflows have now more than doubled compared to 2021.

This helps explain the puzzling situation that despite record trade surplus in recent years as a result of plunging domestic consumption, China's forex reserve holdings remain stagnant and it tells you something profound:

China’s own wealthy households and middle class are increasingly trying to move money OUT of the system.
Because domestic confidence is deteriorating.

Real estate, once the primary store of wealth for Chinese families (around 75% of net worth), continues to weaken. Bank deposit rates hover barely above 1%. Wealth management products and trust products have repeatedly imploded and caused widespread protests. Even after the A-share market rallied in 2025 due to central bank's monetary stimulus, over 80% of retail investors reportedly still lost money.

Meanwhile, US equities, Japanese stocks, Taiwanese stocks and overseas assets (including real estate) dramatically outperformed.

Rational investors diversify. And CCP knows this.
That’s why on May 22, Chinese regulators launched a sweeping crackdown on cross-border investing, targeting offshore brokerages that gave mainland investors access to foreign markets.

Hong Kong-based Futu, Singapore-based Tiger Brokers, and Longbridge Securities were collectively fined hundreds of millions of dollars. Authorities also ordered “illegal” cross-border trading accounts to be liquidated within two years.

This was the culmination of a broader strategy that has been building for more than a year:

1) tighter monitoring of overseas income,
2) expanded CRS financial data sharing,
3) stricter cross-border transfer verification,
4) nationwide tax enforcement on foreign investment gains,
5) now the restriction of offshore brokerage access itself.

In other words, the CCP is not solving the underlying problem of weak domestic returns amid a crashing economy. It is trying to slow the exits so its citizens have no choice but to sink with the ship.

And that is one of the clearest signals yet about where investor confidence inside China’s economy truly stands despite all the state propaganda.

[Liz Ann Sonders @LizAnnSonders]

.@MBAMortgage mortgage applications for week ended May 22 decreased 8.5% from a week ago … refinancings fell 18.1%

[Liz Ann Sonders @LizAnnSonders]

Initial jobless claims up 215k vs. 211k est. & 210k prior; continuing claims at 1.786M vs. 1.784M est. & 1.771M prior… greatest increases in KS (+1.3k), MO (+1.1k), & IL (+1.1k); greatest decreases in TX (-1.4k), PA (-0.8k), & FL (-0.4k)

[Liz Ann Sonders @LizAnnSonders]

March durable goods orders +7.9% m/m vs. +4.0% est. & +1.3% prior (rev up from +0.8%) … orders ex-transportation +1.1% vs. +0.5% est. & +1.1% prior

[Charlie Bilello @charliebilello]

The S&P 500 is at an all-time high while Consumer Sentiment is at an all-time low.

We've never seen a gap this wide between Wall Street and Main Street.

[Jeffrey P. Snider @JeffSnider_EDU]

China's economy just confirmed what the data has been warning for months.

Retail sales. Worst month since the lockdowns. Fixed asset investment crashing. Housing prices falling for the 12th straight month.

Ugly in every direction.

But here's what nobody's talking about.

Two months ago, China quietly revised retail sales numbers. The alarming downturn — gone. Just like that.

Those revisions just got reversed. The downturn is back. April made it worse.

The question isn't how bad is China's economy. The question is who were those revisions for.

The timing was convenient. They appeared right as Party officials were projecting confidence at the National People's Congress. Defending growth targets that already looked unrealistic.

Now the real data is catching up.

Property bust still busting. Banking crisis picking up speed. Households won't borrow. Corporations won't act.

China was fragile before the energy shock even started.

The data just confirmed it.

[Kevin Gordon @KevRGordon]

The UMich Consumer Sentiment Survey was revised lower in May and continues to sit at a record low … so yes, this batch of consumers is saying today is worse than the financial crisis and 2020 pandemic shutdown