E @eric_dcr
Global Macro. Not investment advice. London, England Joined October 2019-
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E retweeted
BREAKING: Job postings on Indeed fell -6.4% YoY in the week ending October 31st, now at the lowest level since February 2021. Postings have now declined -36.9% since the April 2022 peak. The number of available vacancies is now only +1.7% above pre-pandemic levels seen in February 2020. Furthermore, new job postings are just +4.1% above those levels. This signals further deterioration ahead in BLS job openings data, which has been delayed due to the government shutdown. Labor market weakness is spreading.
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@maxcrypto Its just correlated to stocks.. risk off move. Not even related to crypto.
@quantymacro You can in fact eat high Sharpe because why not
@Ashcryptoreal People have been saying this since 2020? Been too long… even if it happens.
E retweeted
Goldman Sachs’ research department publishing these two headlines 73 minutes apart lmao
@itsolelehmann Divergence. Short Europe long US. Easy trade. 👍🏻
@Geiger_Capital Fortunately took profits on Shapiro before today hahaha it's fine!
@Casinodiamond31 @AntonKreil The manufacturing has been and is being relocated to lots of the South Asia and South Asian countries, which have large population, are growing quickly, and still have relatively cheaper cost of labour compared to the West.
@0xDamien A 61K TP would have been good and 60K would have been quite risky. Just bad risk management I guess. Nothing much.
@0xDamien 57K TP is too ambitious.. I think he's just not that good at trading.
@michaelxpettis Moutai’s market cap is around the same as the province’s GDP, approx 2 trillion yuan.
@menomnon @michaelxpettis Guizhou is one of the most indebted provinces in China, second only to the Qinghai. The province government budget is in huge deficit and is always financed by Beijing. Notable products are Moutai and Lao Gan Ma chilli oil for sure.
@0xDamien @LomahCrypto No you are not. It went higher in Nov 2021.
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