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#Macrostr

ISM Manufacturing New Orders: 48.6 vs 55.1 (prior)

- You don't love to see this. 👀

ISM Manufacturing PMI: 50.3 vs 50.9 (prior)

- Still (barely) expansionary, which is good. But definitely weak. 👀

OPINIONS:

The new administration's Downsize and Deregulate with Deafening speed is already starting to show some real short-term economic pain.

"Reprivitization" policies should do well in the medium and longer terms, but will definitely require some time to take effect.

Risk assets and #bitcoin may be tumultuous for longer than they would otherwise have been without the current major administrative policies.

TAKE HOME POINT:

Stay humble. Stack sats. (per nostr:nprofile1qyv8wumn8ghj7urjv4kkjatd9ec8y6tdv9kzumn9wsq3vamnwvaz7tmjv4kxz7fwwpexjmtpdshxuet5qqsqfjg4mth7uwp307nng3z2em3ep2pxnljczzezg8j7dhf58ha7ejgqgzx3h )

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Discussion

BUETI 10mo ago

your forecast for peaking in October changing now? I knows there's always a chance of recession but is there a possibility we don't get a bull market?

less 10mo ago

It will change as the data changes.

SUPERMAX 10mo ago

& keep manufacturing

Arthur Morgan 10mo ago

I don't think Trump will risk the stock market for this downsizing stuff. Maybe some short-term pain. We all know bitcoin (and it's derivatives) can turn on a dime...

BitLo 10mo ago

Cut the government largess and short term pain is inevitable. Politically, if you are going to rip off the band aid the earlier the better. HODL plebs. Nobody ever said it would be easy.

DeusVult 10mo ago

Speaking of New Orleans, this Mardi Gras season seems less crowded than other years.

Thomas 10mo ago

Think so too.