Global central banks are pivoting:
Over 90% of developed and emerging central banks have cut rates or kept them the same over the last 6 months, near the highest since the 2020 pandemic.
In other words, less than 10% of world central banks have recently hiked their rates.
This percentage has persisted above 90% for 12 months.
Such an elevated reading has been seen only a few times over the last 35 years.
Over the last 2 years, global central banks have cuts rates 316 times, the highest reading in at least 25 years.
To put this into perspective, there were 313 cumulative cuts in 2008-2010 in response to the financial crisis.
Global monetary policy is easing.
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Over 90% of developed and emerging central banks have cut rates or kept them the same over the last 6 months, near the highest since the 2020 pandemic.
In other words, less than 10% of world central banks have recently hiked their rates.
This percentage has persisted above 90% for 12 months.
Such an elevated reading has been seen only a few times over the last 35 years.
Over the last 2 years, global central banks have cuts rates 316 times, the highest reading in at least 25 years.
To put this into perspective, there were 313 cumulative cuts in 2008-2010 in response to the financial crisis.
Global monetary policy is easing.
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Not his first rodeo. A skilled responder used a lasso to rescue a stranded deer at a Virginia cement factory, guiding it to safety and a full recovery.
lassoing skills are not the most common thing to have these days, so salute.
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lassoing skills are not the most common thing to have these days, so salute.
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This new angle captures the aftermath of the Afghan terrorist attack on two National Guards in Washington, D.C. yesterday.
Biden and his supporters have blood on their hands, and donβt let anyone tell you otherwise!
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Biden and his supporters have blood on their hands, and donβt let anyone tell you otherwise!
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Awesome.
The biggest British opponents of slavery were Quakers and Capitalists.
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The biggest British opponents of slavery were Quakers and Capitalists.
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BREAKING - Leftists are now celebrating the shooting of National Guard troops using the same rhetoric Democrats have been using.
βGuard members got shot today, and itβs a good wake up. Now yβall know your job title is no longer oppressing people. I hope you quit serving this dictator whose orders to keep you in DC are illegal.β
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βGuard members got shot today, and itβs a good wake up. Now yβall know your job title is no longer oppressing people. I hope you quit serving this dictator whose orders to keep you in DC are illegal.β
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MrBeast has announced a major philanthropic partnership with the Rockefeller Foundation.
The two forces say theyβre taking their mission to help children in Africa and around the world to a whole new level.
MrBeast brings massive influence to the effort, with hundreds of millions of followers across his social media.
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The two forces say theyβre taking their mission to help children in Africa and around the world to a whole new level.
MrBeast brings massive influence to the effort, with hundreds of millions of followers across his social media.
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MrBeast has announced a major philanthropic partnership with the Rockefeller Foundation. The two forces say theyβre taking their mission to help children in Africa and around the world to a whole new level. MrBeast brings massive influence to the effortβ¦
MrBeast isnβt beating the antichrist allegations with this one
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Me at Thanksgiving after successfully wasting another year
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Trump brings up Somalians scamming welfare when discussing the attack against two soldiers in DC, and, when asked how theyβre related, admits that the two issues are unrelated, but insists the Somalians are still an issue
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Alternative data shows US layoffs are surging:
Job cuts tracked by MacroEdge jumped +70,609 MoM in October, to 154,559, the highest in at least 2 years.
Monthly job cuts have now exceeded 100,000 for the 5th time this year.
At the same time, layoff announcements compiled by Challenger Gray spiked +99,010, to 153,074, the highest since March.
This also marks the highest monthly number for any October in 22 years.
All while employees notified of mass layoffs via WARN notices tracked by Revelio rose +11,912 last month to 43,626, the 2nd-highest in at least 2 years.
US layoffs are accelerating.
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Job cuts tracked by MacroEdge jumped +70,609 MoM in October, to 154,559, the highest in at least 2 years.
Monthly job cuts have now exceeded 100,000 for the 5th time this year.
At the same time, layoff announcements compiled by Challenger Gray spiked +99,010, to 153,074, the highest since March.
This also marks the highest monthly number for any October in 22 years.
All while employees notified of mass layoffs via WARN notices tracked by Revelio rose +11,912 last month to 43,626, the 2nd-highest in at least 2 years.
US layoffs are accelerating.
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TRUMP ON WHAT HE'S MOST THANKFUL FOR: "AMERICA IS GREAT AGAIN"
A reporter asked Trump what he's most thankful for this Thanksgiving:
"The fact that America is great again.
We've made America great again.
America was a dead country.
We've made America great again."
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A reporter asked Trump what he's most thankful for this Thanksgiving:
"The fact that America is great again.
We've made America great again.
America was a dead country.
We've made America great again."
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BREAKING: CME GLOBEX FUTURES AND OPTIONS MARKETS HALTED DUE TO TECHNICAL ISSUES
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