The Bureau of Labor Statistics dropped a bombshell with its -911K downward revision to prior jobs figures. Combined with consistently weakening labor market data, surely we are heading for a recession. Or are we? In this post, we'll discuss our take on the economy and how we've positioned our portfolio to win in this softening environment.
The AI bubble continues to gather steam, with major announcements coming from Oracle, Microsoft, and OpenAI. This follows from last week's announcement from various mega-cap tech companies. We think it's still early innings in the AI game…
The rest of this article is for premium members. Today’s post covers:
The weakening of jobs data
Stocks and bonds are diverging
Where's inflation?
AI bubble continues
Crypto treasuries are back
Are valuations too high?
Our portfolio and technical levels to watch
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