Can You Just Make Your Mind Up?
Ian Reynolds
Investing and Trading | Capital Markets | Macroeconomics| Bitcoin & Decentralised Finance | Helping to Find the Money Flow | Commentator | Speaker
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Overnight
Underneath the headlines, weakness is found with the U6 unemployment rate jumping and participation rate falling.
The U-6 unemployment rate is?a percentage that includes the total unemployed, underemployed, and discouraged workers in the United States.?It also includes people who are marginally attached to the labor force and part-time employees who work for economic reasons.?
The continual changing rhetoric around tariffs, Ukraine, timelines sliding and pretty much every single thing Mr T does, combined with infighting amongst key decision makers. have pushed markets to ignore the nonsense and focus on fundamentals, for a change.
Thus stock markets lower, bond yields higher, precious metals in demand, is the order of the day.
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