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General, a robust October jobs report that reveals no signal of a recession.
1) 261,000 jobs added. That is decrease than final 12 months, however nonetheless very wholesome (see chart)
2) Sturdy hiring in lots of industries
3) Slight slowdown in wage progress (which the Fed needs)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 automobiles than ever earlier than.
Market share of Luxurious automobiles 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 automobiles.
Enjoyable truth: 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 car:
* in July: $46,173 (file excessive)
* in October: $45,600
(through @WSJ) $F $GM $TSLA https://t.co/sUiS8JgdOI
— Carl Quintanilla (@carlquintanilla) November 1, 2022
Manheim Used automobile index largest drop since Lehman and fifth largest drop on file pic.twitter.com/b516kbqmYr
— zerohedge (@zerohedge) November 7, 2022
Market costs for used automobile costs are down -15% since Feb.
As a result of lags in sampling, the CPI used automobiles and vans class was down simply -3% by 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 consumers simply hit 26%—the bottom stage in 40 years.
This can be a story a long time within the making.
I wrote about why new consumers have each proper to really feel like the complete 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 offered 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 common time between a Collection A and Collection B fundraise is now 2.4 years (and that is only for the businesses who really get to boost a Collection B).
Supply: @cartainc pic.twitter.com/BtiupneGkt
— Taylor Schaude (@TaylorSchaude) November 7, 2022
— 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
—Web Earnings: +46 YoY to $1.2B
-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 People depend on non-bank on-line funds suppliers akin to PayPal, Money App, and Venmo, in accordance with 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 certainly 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 important to defeat spam/rip-off
– Capability to put up lengthy video & audio
– Half as many adverts
— Elon Musk (@elonmusk) November 1, 2022
Twitter has had a large drop in income, on account of activist teams pressuring advertisers, although nothing has modified with content material moderation and we did every part we might to appease the activists.
Extraordinarily tousled! They’re making an attempt 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 almost $10 billion.
— Dan Primack (@danprimack) November 4, 2022
CONFIRMED: Twitter is now asking some fired staff to please come again
– Some have been laid off by mistake
– Some have 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+ workers. Alexa had 10K workers 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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