Meanwhile, Dollar General falls
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| | | | "Inflation is the surest way to fertilize the rich man’s field with the sweat of the poor man’s brow."
- Daniel Webster | | | | |
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| | | | Markets Today 🌏 Asia-Pacific: Up 🇪🇺 Europe: Up
🇺🇸 United States: Up
🛢️ Oil: Down
⚡ Crypto: Down | | | | |
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| | | | Major Market Events | • | | Sour grapes: Wine demand is the weakest since 2008. Is this a sign? (link) | | • | | Telegram loses its privacy: The discrete messaging app will now share certain info with authorities (link) | | • | | New orders tumble: The lowest PMI reading since 2022 (link) |
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| | | | 🤔 My Thoughts Maybe economy isn't in such a good place. Manufacturing activity is dropping, while prices paid is increasing -- a textbook stagflationary setup. | | | | |
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| | | | To Better Trading,
Alex Reid Wealthpin | | | | |
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______________________________________________________ ______________________________________________________ "Inflation is the surest way to fertilize the rich man’s field with the sweat of the poor man’s brow." - Daniel Webster ______________________________________________________ 🌏 Asia-Pacific: Up 🇪🇺 Europe: Up 🇺🇸 United States: Up 🛢️ Oil: Down ⚡ Crypto: Down ______________________________________________________ - Sour grapes: Wine demand is the weakest since 2008. Is this a sign? (link)
- Telegram loses its privacy: The discrete messaging app will now share certain info with authorities (link)
- New orders tumble: The lowest PMI reading since 2022 (link)
______________________________________________________ Maybe economy isn't in such a good place. Manufacturing activity is dropping, while prices paid is increasing -- a textbook stagflationary setup. To Better Trading, Alex Reid Wealthpin |
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