Next question.
Why are you willing to pay $100 or more for visas that are not guaranteed but upset about 600 cedis for the book that’ll hold the visa…..or denial???
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Strategy has acquired 1,550 BTC for $101 million to increase our $BTC Reserve to ₿845,256. We have also increased our USD Reserve by $100 million to $1.0 billion. $MSTR $STRC https://t.co/1Zf1AVsP1H
The jobs report was a barnburner. Nonfarm payrolls increased by 172,000 versus expectations for 88,000, while prior months were revised higher by 93,000. Wage growth came in at roughly 0.3%. Yet the market sold off. In our view, the market is misreading the signal. It is assuming that stronger than expected employment and growth will cause a an acceleration in inflation. History would suggest otherwise. Productivity growth is running near 3%, while unit labor costs are hovering around 0.5%. Those are not the hallmarks of an inflationary boom. They are the hallmarks of healthy, productivity-driven growth that will lower inflation. Meanwhile, the yield curve continues to flatten despite a roughly 55% increase in oil prices year-over-year based on a three month moving average. In past cycles, an energy shock of this magnitude steepened the yield curve when the Federal Reserve was accommodating it. Instead, the bond market appears to be discounting something much more powerful: the deflationary impact of technological innovation, particularly artificial intelligence, which is beginning to increase productivity across broad swaths of the economy. If tensions with Iran ease and oil prices retreat, we believe inflation could move into negative territory before year-end. In our view, the Fed made a historic policy error when it raised rates aggressively into what was largely a supply-driven inflation shock in 2022. We do not believe the next generation of monetary policymakers will be eager to repeat that mistake. Notably, gold peaked on the day Kevin Warsh was appointed. The inflation trade may already be behind us. If our research is correct, the next phase of this cycle could be characterized by accelerating growth, declining inflation, falling interest rates, and a strengthening U.S. dollar. That combination would create a remarkably supportive backdrop for innovation-led equities and the technologies driving the next productivity boom. I discuss this framework in greater detail in this month’s episode of In The Know.
🚨 PRESIDENT TRUMP JUST NOW: "With a great Jobs Report, like just announced, stocks should go up, not down. That’s the way it was for 200 years. Growth does not mean inflation! How else can a Country attain GREATNESS???" 🔥
Attention Ghanaian FIFA World Cup 2026™ ticket holders — the U.S. Embassy has more than 400 FIFA PASS visa interview appointment dates available through June 23rd (England vs Ghana in Boston), for FIFA ticket holders using FIFA PASS. FIFA PASS provides prioritized access to U.S. visa appointments.
If you bought a ticket on https://t.co/5n09CemfB8 for any of the games in the United States and opted in for FIFA PASS, schedule your visa interview appointment ASAP! All visa applicants undergo screening and must demonstrate they qualify for a visa.
Learn more: https://t.co/R0eOa9lFX1