Angst inside China’s halls of power over a massive stock rally risks delaying another major round of monetary stimulus, pushing the central bank further to the sidelines as Beijing tries to keep economic growth on track https://t.co/hSLpSxLznK ...

“City-clusters” will be increasingly powerful engines of growth in China over the next decade and beyond. Difficult questions remain over how exactly the country will manage to turn these into world-beating champions https://t.co/UUuTAl0mx8 ...

Economic Indicators & Labor Market - The labor market added only 22,000 jobs last month, significantly below the expected 75,000 [1] - The unemployment rate increased slightly to 43%, the highest since late 2021 [2] - The unemployment rate for young people is approximately 106%, the highest in a decade excluding the pandemic period [14] - There are now more people seeking jobs than available positions, a concerning trend [13] Trade & Tariff Impact - Tariffs are currently at about 18%, a substantial increase from approximately 25% when President Trump took office [7] - Current tariffs are estimated to result in approximately 500,000 fewer jobs in the economy [7] - Businesses are facing uncertainty due to the fluctuating tariff landscape, impacting hiring and investment decisions [14] Policy & Political Commentary - President Trump attributes the disappointing jobs report to interest rates and criticizes Federal Reserve Chair Jerome Powell [2] - The administration claims economic data will improve next year [3] - Concerns are raised that the administration's policies, including excessive tax cuts and tariffs, are negatively impacting the economy [11] - Immigration policies are constricting labor supply, affecting job numbers and long-term economic productivity [17][18]

Hey, I'm Kramer. Welcome to Mad Money. Welcome to Cra America.I'll be with my friends. I'm just trying to make a little bit of money. My job is not just to entertain you, but to educate and teach you.So call me at 1800743 CBC. Tweet me at Jim Kramer. On Wall Street, we've all been conditioned to believe that good news is bad news and vice versa.Then if the economy's too strong, we can expect the Federal Reserve will raise interest rates bad for growth and if economy is weak enough, the Fed will cut rates. G ...

We're joined by Ben Emmens, founder and chief investment officer at Fed Watch Advisors. Ben, great to have you with us. >> Hey man, it was good to be on again.Thank you. >> So, we saw that record hit on the S&P 500 early in the session and then the market started really thinking like, uhoh, why do we really need so many cuts. Are you worried that there is a growth scare ahead of us.>> Not really. actually now because I I I've noted from the GDP data and even from some of the ISM and regional PMI data there' ...

Core Points - The Supreme Court's potential ruling on President Trump's tariffs could significantly impact economic forecasts and business planning, particularly if the tariffs are deemed unconstitutional [1][2] - Tariff uncertainty has led to a slowdown in hiring and capital spending across various sectors, with businesses hesitant to commit due to the unpredictable tariff landscape [3] - New tariffs can still be imposed under national security laws, which are not affected by the current ruling, potentially expanding tariffs on industries like semiconductors and pharmaceuticals [4] Economic Impact - If the challenged tariffs remain in place, consumer prices could rise by approximately 1%, leading to reduced spending, although this may not trigger a recession [5] - The global economy is undergoing structural changes as businesses adapt to tariff uncertainties, with a shift towards shorter supply chains and diversified sourcing strategies [6][7] - These adjustments may lead to a slight increase in production costs, impacting consumer prices but not significantly harming the overall economy [10] Business Strategies - Companies are increasingly sourcing materials locally or diversifying their supply chains to mitigate risks associated with tariffs [7][9] - The transition to more localized production and diversified sourcing will take time, but it is expected to gradually reshape global production dynamics [11] - The outcome of the Supreme Court decision will have varying effects on specific companies, necessitating close monitoring by affected business leaders [12]

Let's get back to the broader markets because we are pulling back here after hitting record highs just earlier this morning. Joining us at Post 9 is PNC Asset Management Chief Investment Strategist Young Yuma. Sentiment definitely shifted.Wonder if you think it has to do with the jobs number or what's what's going on in the market right now. Yeah, hi Sarah. It's great to be here.Well, definitely the market started off on a bit of an optimistic tone that this solidifies the Fed's rate cuts and the program of ...

Takeaways from your trip to Beijing and Shenzhen Haven. That's the recall, what we discussed about one month ago. Use your liquidity was the driver to feed.We have a thing, some kind of water buffalo farming so that you could eat. Now, the narrative was dominating basically every single speaker on your show in the last month or so. But we have also warned about a month ago the disconnection between fundamentals and the liquidity narrative.August The prints are very soft, high frequency data like how housing ...

Summary of Key Points from the Conference Call Industry Overview - The report focuses on global economic activity indicators, specifically the Current Activity Indicators (CAIs) developed by Goldman Sachs to assess underlying economic growth trends. Core Insights and Arguments - **GDP Limitations**: GDP is a commonly used measure of economic output but has excessive volatility, is released quarterly, and can be heavily revised, making it less reliable for real-time economic assessment [2][5][6]. - **CAI Advantages**: CAIs provide a more timely and less volatile growth signal compared to GDP, as they are based on a broader set of monthly activity and survey data [3][5][6]. - **Technical Updates**: Three technical changes were made to the CAIs: 1. Discontinued inputs were replaced with substitutes, and weights were re-estimated for affected economies [5][6]. 2. The exclusion period for pandemic-affected months was harmonized across economies to ensure consistency [7]. 3. Estimates of the relationship between business surveys and GDP were updated to capture nonlinearities more accurately [8]. - **Impact of Changes**: Most economies experienced only modest revisions to their CAIs, with some showing improved correlation with historical GDP data, indicating a modest improvement in tracking economic activity [9][14][17]. Additional Important Content - **Geographical Focus**: The updates affected various economies, including both developed markets (DM) and emerging markets (EM), with specific mentions of Australia, Estonia, Hungary, Latvia, Poland, Romania, and South Korea [14]. - **Data Availability**: CAIs are available monthly, providing a more immediate growth signal compared to the quarterly release of GDP [6]. - **Correlation Improvements**: The revisions generally led to an increase in the correlation between updated CAIs and quarterly GDP, enhancing the accuracy of economic activity tracking [14][17]. This summary encapsulates the essential insights and updates regarding the CAIs and their relevance in assessing global economic activity, highlighting the advantages over traditional GDP measures and the implications of recent methodological changes.

The ADP report lined up the estimate in our survey, 68 K the previous number one over four with the number this morning. As Mike mccarthy good morning, mike. The morning john i'm looking right now at the number it's 54,050 4000 jobs according to adp comes in lower than the forecast you just mentioned of 68,000 and certainly down from a revised 106,000 last month.So this is not good news for the markets and it is something that was foreshadowed by Governor Chris Waller, who noted that the Fed buys data from ...