It is day 194 of the second Trump administration and it was not a good day for the Trump economy. On Wall Street, the Dow, S&P, and NASDAQ all lost more than a full percentage point. The selloff comes after Trump rolled out a list of new tariff rates on countries that haven't reached trade deals with the US.Those new rates take effect one week from today. But the big headline, the real story was the labor market. Economists were set to see a weak July jobs report today, but it was even worse than expected.I ...

Hey everyone and thanks for jumping back into the macroverse. Today we're going to talk about the recent labor market reports this week and how it is affecting markets. If you guys like the content, make sure you subscribe to the channel, give the video a thumbs up, and also check out the sale on into the cryptoverse premium at into the cryptoverse.com. If you're curious about this stuff uh more timely, we do have the ITC macro Twitter account that you can follow along with. I'll also tweet stuff out from m ...

mfers look at this and think recessionyou are not serious people https://t.co/bgEfJVjkVI ...

Massive Q2 GDP numbers after many were calling for a recessionlol, lmao evenThe bulls and optimists win, like alwayszerohedge (@zerohedge):US Q2 GDP initial estimate 3.0%, Exp. 2.6%, Last -0.5% https://t.co/BXGUbAu5jP ...

BREAKING:🇺🇸 US Q2 GDP DATA CAME IN AT 3%THE US IS NOT IN A RECESSION.BULLISH FOR THE MARKETS 🚀 ...

Germany’s economy succumbed to a recession in late 2022 and didn’t grow for the two years that followed, according to revised statistics https://t.co/tyWgOD4o0h ...

Hungary’s economy eked out economic growth in the second quarter, averting a recession but underscoring Prime Minister Viktor Orban’s challenge before next year’s elections https://t.co/0IbhgiyFrf ...

Let's bring in Brian. Nick, head of portfolio strategy at New Wealth Brian good morning. Good to see you. >> You too.Frank, thanks for having me. >> I want to get your take on the market reaction yesterday to the EU trade deal and also the fact that we have these ongoing conversations. I don't know if you were listening earlier.Our Jim Cramer says essentially the market's kind of over this tariff fight. It's more focused on earnings, which are going better than expected. The fed and the jobs report agree or ...

Russia’s central bank slashed its key interest rate to the lowest level in nearly a year amid growing worries the cooling economy could tip into recession https://t.co/5xpyMLrFjP ...

The Bank of Russia has room for a deeper cut to its key interest rate amid slowing inflation and growing pressure from officials and businesses to save the economy from sliding into recession https://t.co/B8we14faQx ...