CORRECTION Inbound On New Data?

“The property crisis in China is suddenly intensifying…”

“Russia’s ruble is tumbling even as the country increases its blockade efforts against Ukraine…”

“And most importantly…”

“Inflation was slightly higher in the United States than expected… which raises the prospect of more interest rate increases.”

RBLX CRUSHED by 21% decline

“Roblox (RBLX) collapsed more than 21% yesterday after a catastrophic earnings report.”

“It was below expectations on earnings…”

“And it didn’t cut costs nearly enough to satisfy investors.”

The Palantir Reveals a Dire Future

“Palantir (PLTR) is one of the leaders in AI, but if there’s one thing we can say about this sector, it’s that the rhetoric is running a bit ahead of the reality.”

WARNING SHOT: More hikes coming

“The economy added fewer jobs than expected, though unemployment remained low.”

“Unemployment is at 3.5%, a bit lower than the 3.6% expected, but the economy is definitely slowing.”

“That might actually be good news for those who are betting everything on the Federal Reserve cutting interest rates…”

Big Jobs Report Inbound

“The jobs report will be the big news of the day…”

“And analysts are expecting 200,000 nonfarm jobs added, with unemployment holding steady.”

“If we get something that is significantly different from that, well, hold onto your butts.”

Chinese youth GIVE UP as economy stumbles

“A few weeks ago, a new trend popped up in China…”

“Graduates from some of the most prestigious universities in the country posed lying on the ground with their degrees, as if they were dead.”

“Chinese youth feel like they have NO FUTURE.”

THE FROZEN HOUSING MARKET

Even with 30-year fixed mortgages at nearly 7% (or 8% without great credit), buyers still want houses. It’s just that few people are selling, and construction can’t keep pace.