Sam

[Cathie Wood @CathieDWood]

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.

[Sam @ImSam01]

@pdicarlotrader Is it going back 40s?

[Sam @ImSam01]

@pdicarlotrader Any updates on NOW?

[Stephen V Liu, MD @StephenVLiu]

#ASCO26 Dr. @JuliaRotow presents phase II study of 1L silevertinib (BDTX-1535) in NSCLC with non-classical EGFR NSCLC (n=43, 58% PACC, 37% compound). AEs include known EGFR related toxicity, 14% d/c from AE. RR 60% with PFS 15.2m, mDOR NR, 80% CNS response rate.

[Sam @ImSam01]

@pdicarlotrader Get in the train guys

[Enphase Energy @Enphase]

Built for the real world. 💪

The Enphase IQ Bidirectional EV Charger is designed on open, global communication standards, tested across major EV brands, and ready to support more as automakers finalize bidirectional requirements.

At home, it adapts to a wide range of electrical services, from typical split-phase panels to three-phase systems in multi-unit buildings.

🔋 Charge your vehicle
💡 Power your home during an outage
↪️ Send energy back to the grid

Future-ready. Flexible. Built for what’s next.

Get reliable backup and intelligent control — no matter the setup: https://t.co/qOXod0x8M9

[Sam @ImSam01]

@Cantal_Capital Seems to be heading to 5

[Sam @ImSam01]

@pdicarlotrader Would be great if you can post an update on NIO.

[Bloomberg @business]

President Trump said he doesn't think about Americans' "financial situation" when it comes to the war in Iran, even as fresh government data Tuesday underscored how the conflict is reigniting the worst US inflation in years https://t.co/3Egn2QSTAp

[Furkan Gözükara @FurkanGozukara]

A chilling moment. Benjamin Netanyahu grabs a journalist's phone and openly threatens him, boasting he can easily paint anyone as a monster.

He accidentally exposes the sinister tactics the Zionist regime uses to destroy its critics and manipulate media.

Pure evil.

[60 Minutes @60Minutes]

Israeli Prime Minister Benjamin Netanyahu says China provided support to Iran and particular components of missile manufacturing. https://t.co/LcRqx5gzng

[60 Minutes @60Minutes]

According to a Pew survey published last month, 60% of U.S. adults viewed Israel unfavorably, up nearly 20 points in four years. Israeli Prime Minister Benjamin Netanyahu says the rise of social media is a major reason for this decline. https://t.co/QP4ESNtjGq

[Bloomberg TV @BloombergTV]

Pershing Square founder and CEO Bill Ackman says he doesn't see any strategic dislocations in markets https://t.co/C3TQCbBBrs

[Reuters Business @ReutersBiz]

Microsoft will no longer have exclusive access to OpenAI's artificial intelligence models and products, a significant change that will allow the startup to sell its technology across rival cloud platforms including Amazon and Google. READ: https://t.co/9o9QWAJTuT

[Bloomberg @business]

China has blocked Meta’s $2 billion acquisition of agentic AI startup Manus, making a surprise move to unwind a deal that’s drawn fire for the leakage of technology to the US. Bloomberg's Matt Bloxham explains https://t.co/A10mnUxnBL

[TheStreet @TheStreet]

.@BMO Chief Market Strategist Carol Schleif joins TheStreet's @cline_woods to break down how to invest when markets are “priced for perfection” — and where the real opportunities are hiding right now:

#investing #stockmarket #stocks

[Bloomberg TV @BloombergTV]

Joby Aviation is flying electric air taxis between John F. Kennedy International Airport and Manhattan this week to show off its quieter, zero-emission aircraft in a city weary of noise pollution https://t.co/ogyggguhmv

[Reuters @Reuters]

🔊 The Iran war has exposed how heavily countries depend on oil and gas imports. In this Big View podcast, Cambridge University's Helen Thompson tells Peter Thal Larsen how energy rivalry is shaping US foreign policy – and why Europe is the fault line https://t.co/MItbbtdOKm

[Sam @ImSam01]

@alshalfia المثل اليمني قال "الصميل خرج من الجنة"

والمثل المص��ي "يد ما تقدر تكسرها بوسها"

وقريب سيقول إيران دولة قوية وشعب عظيم يجب أن يتم رفع العقوبات الاقتصادية عن إيران وان تعيد الولايات المتحدة الأمريكية فتح العلاقات الدبلوماسية والتعاون الاقتصادي مع إيران.

[Sam @ImSam01]

@alshalfia سلام الله على صنعاء المحاصرة منذ 2015