Day: September 10, 2024

Small bussiness is dying?

Let’s analyze the NFIB publication on the US small business survey In general, we see a leveling off of all the positive dynamics that were emphasized last month. First of all, we pay attention to the key optimism index, which falls by 2.5 points to 91.2. This is the 32nd consecutive month below the 50-year average of 98. All sub-indices show a negative trend. The share of business owners who consider the current economic environment to be positive for business development is falling by 1%, returning to previous levels. And the most affected are the calculations of profit growth expectations, which fall by 9%, due to lower margins and sales volumes. Therefore, we believe that this burden will be passed on to consumers, which we will see in the CPI dynamics in the near future. https://preview.redd.it/uyc65yig71od1.png?width=1280&format=png&auto=webp&s=2535899e3d46cc4025158a8bb2ce5ce2d735611e submitted by /u/dll_crypto [link] [comments]

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Market updates

Stocks can barely hold a daily gain with just 1 green day this month Oil prices are crashing like demand is disappearing Bond prices are rising like we are entering a recession Gold prices are rising like more volatility is coming Mortgage demand is at 30+ year lows like prices are crashing Crypto is nearing a bear market like risk appetite is gone This is the result of $4 trillion in stimulus and “free” money. submitted by /u/XGramatik [link] [comments]

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Apple’s AI gap in new iPhones disappoints China users as Huawei threat looms.

Apple’s AI software in Chinese available only next year Chinese criticise iPhone 16’s lack of AI Analysts say AI absence will not impact near-term sale Apple’s new iPhone launch drew scorn on Tuesday for its lack of artificial intelligence features in China, a challenge for the U.S. giant as it battles growing competition from Huawei Technologies in the world’s largest smartphone market. Apple has yet to announce an AI partner in China to power the 16s, and Apple Intelligence, the company’s AI software, will be available in Chinese language only next year. The iPhone 16 and 16 Plus will cost the same as models they replace. In China, Apple aggressively slashed prices earlier this year, as government restrictions on the use of foreign-branded phones and increased domestic competition weighed on its smartphone sales. “Whether iPhone 16 has AI or not doesn’t affect me, because I’m going to buy Huawei’s tri-fold phone,” one Weibo user wrote, underscoring the growing popularity of Huawei’s latest models in China that helped it replace Apple as the country’s No.3 smartphone vendor in the second quarter. submitted by /u/Ankle_be [link] [comments]

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UK Labour Market (Jul)

Unemployment Rate: 4.1% vs. 4.1% exp. (prior 4.2%) Avg Earnings – inc. bonus (3MoY): 4.0% vs. 4.1% exp. (prior 4.5%) Avg Earnings – ex. bonus (3MoY): 5.1% vs. 5.1% exp. (prior 5.4%) submitted by /u/XGramatik [link] [comments]

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