10Y treas. hit 5p - first time since 2023

as crude rises to $105

NFP 162K .. higher than expected ...

But not enough for a rate hike ..!

a phrase like SAAS-pocalypse mean..

Those who are managing your money aka Wallstreet, or in general, have no clue of what's going on  .. or about cause and effect in this world; in other words, take emotional decisions, hence many tech stocks are doing a comeback with 20% jump on qe.

rates rise worldwide bring equity down

Countries/economies need to start thinking/ acting about reducing debt , rather than simply printing more, else it will cause a system wide / worldwide inflation to harm everyone

treasury plans to buy long term US debt to replace it by short-term debt

10y rates dropped by a point .. and stocks rise ... aka market manipulation and perfectly legal as done by US govt.

US debt has grown to 40T ...

but WS is silent .. no reaction by bond markets ..!

although has risen to 5.3%

AI and unemployment

It's like the talk of the town .. my own feeling is that it's not that AI will eliminate the jobs rather it will develop a new thought that why does a job exist or what does a person do or about their productivity that will end up eliminating the job .. there is so much slack in corporate America... yes it will lead to low jobs growth and higher corp. margin