Its Over, page-22662

My 10% rule is up to 11.9%, the 3rd consecutive month above 10%. It's time to cut, Jerome.
https://x.com/MichaelKantro/status/1809220903642734877

Heavy job losses continue to be reported in temporary help services, with the 3-month average showing a reading of -30,000. The trucking sector is also consistently shedding jobs. These two sectors are always early movers in the labor market cycle.
https://x.com/EPBResearch/status/1809244695047836138

This week, economic surprises have plunged to nearly decade-low levels, while last week, inflation expectations surged to their highest in over three decades.   This spells stagflation loud and clear.   The Fed’s dual mandate of managing inflation and labor market stability is poised to shift toward financial repression to ensure the government can service its debt.   Ultimately, that is what sets the stage for a supercharged environment for real assets to outperform.
https://x.com/TaviCosta/status/1809299882035015846

...it was just a week or two ago, that I indicated (on my EV/Lithium thread in ASX General) it would be better to be in gold/gold stocks rather than lithium stocks. The former does better in a recession/stagflation environment while recession is a strong headwind for auto and in turn lithium.