The AI Cannibal Trade
Software companies like CRM are facing some serious challenges in today’s AI-driven economy.
“The Capitulation Rally” Stock Market (And Sentiment Results)
Alibaba reported what we would call the greatest earnings “miss” of all time last week
The Employment Picture — Pre-August Release
JOLTS data indicates the vacancies to unemployed ratio has descended to unity.
S&P 500 Nabs Record Close; Dow Snaps Losing Streak
Stocks finished higher as Wall Street hoped a dismal ADP private payrolls report and hotter-than-expected weekly jobless data would encourage the Federal Reserve to lower interest rates in September.
Economically Weighted ISM Headline And New Orders Indexes Back Into Weak Expansion
The regional Fed August indexes, including both manufacturing and general business activity, rebounded sharply, telegraphing that a rebound was also likely in the ISM indexes.
