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Total, a robust October jobs report that exhibits no signal of a recession.
1) 261,000 jobs added. That is decrease than final 12 months, however nonetheless very wholesome (see chart)
2) Robust hiring in lots of industries
3) Slight slowdown in wage progress (which the Fed desires)https://t.co/F9PqKGPWIu pic.twitter.com/i3cmHmuxIu— Heather Lengthy (@byHeatherLong) November 4, 2022
Goldman Sachs Sees “Very Believable” Path to Keep away from US Recession
(h/t @JohnSpall247) pic.twitter.com/BTvsREtE5N
— Carl Quintanilla (@carlquintanilla) November 7, 2022
Persons are shopping for extra Luxurious autos than ever earlier than.
Market share of Luxurious autos elevated from 12.2% to 17.3% in 10 years. pic.twitter.com/5efTYVB9Ch
— CarDealershipGuy (@GuyDealership) November 6, 2022
Fascinating chart exhibiting % of residents paying over $1,000/month for his or her vehicles.
Enjoyable reality: Greater than 1 in 5 customers in Texas and Wyoming dedicated to a month-to-month cost over $1,000/mth in Q3 (pushed by purchases of huge vans) pic.twitter.com/TAMKOiSxtx
— CarDealershipGuy (@GuyDealership) November 3, 2022
Wow! The market cap of $AAPL now equals $GOOG, $AMZN, and $META *mixed* 👀 pic.twitter.com/OdX9QEeE2u
— Quartr (@Quartr_App) November 3, 2022
Common US worth paid for a brand new automobile:
* in July: $46,173 (document excessive)
* in October: $45,600(by way of @WSJ) $F $GM $TSLA https://t.co/sUiS8JgdOI
— Carl Quintanilla (@carlquintanilla) November 1, 2022
Manheim Used automotive index greatest drop since Lehman and fifth greatest drop on document pic.twitter.com/b516kbqmYr
— zerohedge (@zerohedge) November 7, 2022
Market costs for used automotive costs are down -15% since Feb.
Attributable to lags in sampling, the CPI used vehicles and vans class was down simply -3% via Sept.
The CPI will “catch up” with falling market costs within the months forward pic.twitter.com/ksZb0GFWsu
— Eric Finnigan (@EricFinnigan) November 7, 2022
GS: “We forecast year-over-year core CPI inflation of 6.2% in December 2022, 3.3% in December 2023, and a pair of.7% in December 2024”
— Gunjan Banerji (@GunjanJS) November 7, 2022
The share of first-time patrons simply hit 26%—the bottom stage in 40 years.
It is a story many years within the making.
I wrote about why new patrons have each proper to really feel like your entire twenty first century housing market has been cursed.https://t.co/mr97T2KHdp
— Derek Thompson (@DKThomp) November 4, 2022
Median gross sales worth of recent homes bought in September was $470,600, up 8.0% from the prior month. From a 12 months earlier, the median gross sales worth was up 13.9% https://t.co/Xe1jHTywD6 pic.twitter.com/JL4EcLKMWm
— St. Louis Fed (@stlouisfed) October 29, 2022
The typical time between a Sequence A and Sequence B fundraise is now 2.4 years (and that is only for the businesses who truly get to lift a Sequence B).
Supply: @cartainc pic.twitter.com/BtiupneGkt
— Taylor Schaude (@TaylorSchaude) November 7, 2022
https://t.co/mGgOOKMplY pic.twitter.com/4WSBWSuHmE
— Frederik Gieschen (@NeckarValue) November 6, 2022
$ABNB with most worthwhile quarter ever:
—Nights and Experiences Booked: + 25% YoY to 99.7M
—Gross Reserving Worth: + 31% YoY to $15.6B
—Income: + 29% YoY to $2.9B
—Internet Revenue: +46 YoY to $1.2B
—FCF: $966M-3% AH pic.twitter.com/9ZW3sMUWCh
— The Transcript (@TheTranscript_) November 1, 2022
$CZR CEO: “October was the strongest month within the historical past of Las Vegas for Caesars.”
— Conor Sen (@conorsen) November 1, 2022
Wow, 46.4% of Individuals depend on non-bank on-line funds suppliers akin to PayPal, Money App, and Venmo, based on FDIC’s new survey of the unbanked. Utilization of non-bank funds suppliers is concentrated among the many wealthier and extra educated.https://t.co/jCpvtk0WVV pic.twitter.com/UudgMKQqsp
— John Paul Koning (@jp_koning) November 4, 2022
ProShares Bitcoin Technique misplaced ~$1.1B in its first full 12 mos. of existence (11/21-10/22), making it considered one of solely two funds in historical past to lose $1B+ of their first 12 months. The opposite? Merrill Lynch Focus Twenty, which raised a ton of property proper out of the chute in ’00, then sank. pic.twitter.com/c8fpVAmyWU
— Jeffrey Ptak (@syouth1) November 2, 2022
Additionally, you will get:
– Precedence in replies, mentions & search, which is crucial to defeat spam/rip-off
– Skill to publish lengthy video & audio
– Half as many advertisements— Elon Musk (@elonmusk) November 1, 2022
Twitter has had an enormous drop in income, resulting from activist teams pressuring advertisers, regardless that nothing has modified with content material moderation and we did every part we may to appease the activists.
Extraordinarily tousled! They’re attempting to destroy free speech in America.
— Elon Musk (@elonmusk) November 4, 2022
Tesla inventory down over 9% within the week since Elon purchased Twitter — representing a paper loss for him of practically $10 billion.
— Dan Primack (@danprimack) November 4, 2022
CONFIRMED: Twitter is now asking some fired employees to please come again
– Some had been laid off by mistake
– Some had been let go earlier than administration realized their expertise is required to construct new options Elon Musk is planning
FFS 😆 https://t.co/WKdtokWHoH
— Matt Navarra (@MattNavarra) November 6, 2022
Actuality Labs has 15K+ staff. Alexa had 10K staff 3 years in the past. Apple has 3K at the moment engaged on AR. Google Assistant has 2K.
h/t @theinformation pic.twitter.com/IiwwDszT9A
— modest proposal (@modestproposal1) November 1, 2022
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