Japan is CRASHING and it’s Spreading to the Rest of the World
US economic weakness continues to show up outside the country as much as inside (last payroll estimate notwithstanding). Japan’s government leading indicator just tanked, lowest value since 2020 and pointing to growing trouble in Japan. Same from Mexico and even according to one by JP Morgan.
Eurodollar University’s Money & Macro Analysis
Bloomberg Ueda Hints at Dovishness After New Prime Minister Urges Caution
https://www.bloomberg.com/news/articles/2024-10-02/ueda-hints-at-dovishness-after-new-prime-minister-urges-caution
S&P Global Mexico Manufacturing PMI
https://www.pmi.spglobal.com/Public/Home/PressRelease/5cbff538ec56483b8e9a77ce7c1c252e
JP Morgan Global Composite
https://www.pmi.spglobal.com/Public/Home/PressRelease/80a2d5d7d8554f7f909ba9ae30fd4016
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25 Comments
Jeffs the man
Look up who SBI Japan are and what they are planning for the near future
Japanese carmakers totally missed the EV transition. Game Over. I think is the market realization taking hold that they got nothin else up their sleeves
"Japan is PLUNGING"? No, no it is not.
Nikkei 225 Returns:
10 year +147%
5 year 77%
1 year 26%
YTD 17%
I’m very surprised with the 250k jobs added last month. Are we to believe this is true when we last
Month they readjusted jobs below 800k in the last 4 months? Are we not affected by the other economies ?
Something is not right.
They need to have access to China.
Looks like everything has been falling apart for ages but yet people are investing while riding the parabolic move in the stock market. The Worst thing I have done is I held back thinking next recession is around the corner and markets are gonna tank by tomorrow. This is what happens when you keep listening to the doom sayers. You keep on waiting and keep on losing.
!I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks or Crypto will be appreciated
Things Mr Snider has been wrong about over the past few years but isn't man enough to admit:
Oil: He has zero understanding of the Oil Market, WTI, Brent, RBOB, Crack Spread, Contango/Backwardation etc. He tries to sound smart talking about Contango, while falsely stating "The IEA's entire job is to sell oil to the world…" IEA does NOT sell oil.
US Treasuries/Interest Rates (The Bond Market): Often referring to USTs as "safe and pristine collateral", Jeff and his partner Steve rode the TLT Bond ETF down from the 170's before finally capitulating below 100/share.
Inflation/Deflation: "It's not that inflation is a small possibility, it's near impossible because we're in deflationary depressionary conditions…people think there's going to be inflation, but there never is…"
The CPI was 0.1 YoY when he said that on 5/11/20 and he still, to this day, maintains "It was never inflation".
Gold: On 4/18/23 he stated "You can't use Gold…"
Recession: Multiple times Jeff has stated "summertime is the time for recession"; despite the fact that only two of the last ten recessions occurred/started during summer.
The doom levels are over 9000. Just look at the history of this channel. All doom all the time. Stop it. Get some help.
Great perspective
I was homeless, did drugs, went into prison, where I got to know God. He changed my life. Now I have a home, a wife and a lovely year old daughter (zoe), and a stream of income that gats me $47,000 weekly. Plus a new identity – a child of God, Hallelujah!!!🇺🇲❣️♥️❤️
At some point the cycle will end – permanently
Ver,y missleading video at -0,65%
3:54 The chart says these are inverted, so are inventories going up or down? It seems like maybe the charts are being used to support an argument without an understanding of the underlying reasons for how they even support it.
Jeff "The Only Thing Crashing is My Portfolio" Snider. Debunked.
helllo
Jeff, what central banker are you dressing up as for Halloween?
Many will wake up too late..
I'm favoured financially with Bitcoin ETFs approval, Thank you buddy.$32,000 weekly profit regardless of how bad it gets on the economy.
Hey Jeff, remember when you said a nickel of Contango in the oil market was "signaling something massive" on Feb 6?
USO +11, SPY +75, and CL is seventy cents in Backwardation currently.
You know nothing!
If Japan goes, the US would be next if you believe in debt to GDP
lol dude has no clue what's going on in the world. Japan and India stocks are falling because China unleash a massive stimulus to the market and all the investments are rushing in. The US is so afraid money leaving US Fed made up an other fake job report try to tell the market they may increase rate again to keep the money in the US. You are the dumbest economy channel I see on youtube so far good luck selling the nonsense.
Japanese are turning American.
I'm imagining japan just falling towards the earth from space.