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U.S job cuts -153K / FAA cuts flights / GS : -300mio jobs related to AI / Eq market 'cracks' underneath / #NDX #AI

  • Writer: Stéphan
    Stéphan
  • Nov 7
  • 4 min read
ree

  • The AI run has been so strong that investors have become hypersensitive to ANY volatility - beware #VIX #NDX #time-fora-hedging-trade

  • Markets : BoE kept rates steady at 4% (5-4 split), U.S Job cuts in October hit highest level in decades (-153K-this is very weak..), Americans are drowning in debt (Thread), FAA mandated cuts start today effecting up to 1,800 flights, New House Prices have dropped below Existing Homes for the first time in history : ''when builders blink first''..(chart availlable), Goldman Sachs warns: 300 million jobs to be lost to AI, US govt shut down (day 37), Supreme court ruling could force US to repay $1trn - eventually, Jensen saying china to beat US on AI.. >>> a LOT of pretty real negative stuff this week....unwind of owned, crowded positions going on underneath, momo stocks, thematic themes hit hard, appears to be calm on the surface (main indices), but some pretty punchy sell-off's in single stocks, which don't look like a soft landing..

  • Geopolitics : Lavrov falls out of favour with Putin after failed Trump meeting, French MPs vote to cancel a tax that brings 5.4bn a year - except that's not what they wanted to do (shocking..)

  • Trade : Trump for the first time acknowledged that the tariffs are costing the US Consumer -blimey MAGA is over

  • Sam Altman in 2023: “It’s hopeless to compete with us......” OpenAI in 2025: We’d like a government loan guarantee, please (parly denied..but) >>>> “OpenAI is a nonprofit that now wants a federal backstop guarantee for all new capex investments but also wants to IPO at $1Tn next year for its exclusive shareholders”....any anyone wonders why folks may shift to the left..he denied the need for support - see below, but in reality Altman said "Yeah, I'm making billions building up a bubble, but that's okay, because when it bursts, the American taxpayers will bail me out, so I can keep making more billions."... up to you voters..

  • The Real Battle isn’t cver Tariffs tt’s over control/Thread

  • Secret GOP Cabal With Vance and Thiel Plots Eternal MAGA Rule

  • Ray Dalio : When the Bill Comes Due: Debt, Denial, and the Fall of Empires >> History shows us that having too much debt during an economic downturn leads to a classic, self-reinforcing cycle

  • Meta internally projected late last year that it would earn about 10% of its overall annual revenue – or $16 billion – from running advertising for scams and banned goods

  • Trump to the Novo Nordisk CEO: "Maybe you should give us a piece of the company like I've been asking for."..grifters..



https://x.com/PolemicTMM/status/1986380274511327449   this is an excellent recap of the parallels between 2008 vs today - highly recommend spending few minutes on it, facts, and backed-up by press articles...NVDA reports on 19th Nov, maybe mr market waits till then to make up its mind..





Beyond ridiculous world






Still could be wild... Supreme court decison, contested and so on Donald Trump enters his lame duck era - POLITICO


>>>>> So Metaplanet owns like 31K BTC at about 108K average..underwater by 5%..most risk managers would say reduce risk, nope, lets raise $100mio in new debt and buy soemmore.. >>> if bitcoin treasuries get wrecked on a 5% move, what happens if we go down 25% ?... I mean....





History shows us that having too much debt during an economic downturn leads to a classic, self-reinforcing cycle where:

1) The empire can no longer borrow the money to repay its debts

2) It prints a lot of new money, which devalues the currency and raises inflation

3) Living standards decline, leading to the rise of political extremism

4) Turbulent economic conditions undermine productivity and there is conflict about how to divide the shrinking resources

5) Populist leaders emerge pledging to take control and bring about order







 
 
 

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