But how is that possible? Lagarde keep talking about the EU recovery. Well, she must be the worst central banker we ever had. Rather watsh paint dry than her press conf.

Germany's struggling construction sector is showing no signs of a recovery

NZ economy died long ago. There is a significant job to be done to get the economy above water again.

OCR 5.50% - Inflation Approaching Target Range

Unemployment rising a bit but not a lot (yet). Personally I would rather buy a little less of a better quality than most of the china trash. But for many the china products is the only option.

Trump's audacious plan to reverse the early 2000s "China Shock"

Already full employment. Where would you find the additional millions of workers? Agree though that China need to be taken seriously.

Trump's audacious plan to reverse the early 2000s "China Shock"

Slowly YS is being hit by reality

US Services PMI at 48.8%; June 2024 Services ISM Report On Business

Nah its far right and I would be surprised if they dont win the election in France. I dont think the majority are "far righters" in the normal sense. I see it as a response to the development we have seen in the past years.

France's far right looks headed for victory in the first round at the polls. Here's what that...

I am guessing that most Bugattis drive less than 10K miles over a life span so what point does it make to electrify it

Bugatti’s new car is a $4 million, 1,800 horsepower hybrid

Its a bit surprising really. Cause on last ECB meeting Lagarde told us that activity was picking up. And she knows. Cause in the upper class where she is moving they spend money like never before.

German business activity rises only marginally in June as growth slows

Unless ECB starts to pull the plug out Europe will detoriate completely

German business activity rises only marginally in June as growth slows

Nvda100 = love it

US Unemployment Insurance Weekly Claims Report

NZ is probably THE country that is worst off. Economy is going down and rates stay elevated.

Absolute plunge in NZ business profits could be just the start of downturn - economist

Paris. Lovely.

June US UMich June prelim consumer sentiment 65.6 vs 72.0 expected

Thats a lot of rules in this article. Why not just look at the numbers. The FED will cut.

It’s Time to Cut Rates

All good overthere. ADP weak, consumer weak, credit card defaults rising etc. Only NFP sky rocketing.

June US UMich June prelim consumer sentiment 65.6 vs 72.0 expected

starting to show some weakness isnt it (;

US Unemployment Insurance Weekly Claims Report

unemployment

US Producer Price Index - May 2024

Liquity and maybe a squeeze. Taking it up to get a better place to sell from? who knows.

German wholesale prices in May 2024: -0.7% on May 2023

I will sell GU around 1.293 if I see other get that idea as well. But indeed soft data coming out. It rhymes with the soft data (except from NFP) we have seen lately. Maybe cuts are back on the table.

US Consumer Price Index - May 2024

Its got nothing to do with cars. Its politis in a wider scale. People are just not into the green transtion in the same way as politicians. Goes for me too. Wind turbines and solar power is IMHO not the way to go on the green transition.

Did gasoline win the European election?