A little setback

We got very weak employment numbers on the 9. May. People then hopes that it will bring a ratecut sooner, so the market went up. What people forget is that with high unemployment, more people is applying for social security, but the inflation is still too high. So the problem now is, should we cut the rate to help the people that struggles.?Inflation goes up then. Or should we ratehike to keep inflation down? Then more people will struggle.

And how will this affect exports from USA? Will the Dollar get weaker or stronger, when ECB is keeping the rate unchanged. UK held their rate unchanged. Sweden did acctually cut their rate, but they had to. Because the economy there would go to shit otherwise. There is a 90% increase in bankruptcies now than since the same period last year.

But the Bull market now is only because of AI. Only a few companies have gone up this bullmarket. Most of the companies are going to shit. Plus defensive stocks have gone up now. So the ecomony is weak, and the Big Boys are confused. Gold prices through the roof, treasury yeald through the roof, bonds through the roof, and index through the roof. The only ones that earn money now is those who buy on hope, and then close their eyes.

There were allmost a correction in USA. Wallstreet fell 8% from the top, and nobody is talking about that. But that is nothing in the relation to the correction I am predicting. So if you have money invested in the stockmarket or crypto or such. The price has never been this expensive! I would REALLY consider selling! The market should have dropped long time ago. But when it doesn’t fall on bad news, it goes through the roof, because of Short squeeze. It will drop on Nvidia earnings if they don’t deliver, or if the next weeks CPI data is high.

Best regards

CEO J.E.V