/u/XGramatik's posts in /r/XGramatikInsights
Pepperstone: The July US jobs report will round out a busy week for market participants with, as is typical, the first Friday of the month bringing the latest read on conditions within the US labour market.
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Amazon shares sink 10%, erasing $197 billion in market value. Intel shares plunge 26% in biggest drop since at least 1982. Is a recession starting?
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The Financial Markets Have Clearly Lost Their Mind as the Middle East Inches Toward a Potential Full-Scale War
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Reddit reported second-quarter results on Tuesday that topped analysts’ estimates. Sales in the second quarter rose 54% from a year earlier. The company’s net loss narrowed to $10.1 million from $41.1 million in the same quarter a year earlier.
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"Rate cuts will help, but it is looking more and more like it's going to take more than a handful of 25 bps moves." - Jefferies US economist Thomas Simons on today's manufacturing data.
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