Dr Rck
05-01

Jobless claims hence rises; GDP in the negative as more companies like walmart stocked up before tariffs implemented but consumers sentiment was dampened that prices slightly went down; interest rates are still at a high and notso soon the need to cut. To make the situation worse, ISM is down. Mac and Starbucks, both a good indicator of consumers spending is not performing well, so something is brewing, US treasury is hurrying the Fed to cut rates, so what's happening? Like a Tsunami, it looks like everyrhing is ok for now but everyone may be shocked amd awed when hit with extreme turbulence! Brace for impact! Except for those in thr cloud: Meta and Microsft, carry on!

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US Weekly Initial Jobless Claims 241K (Est. 224K, Prior 223K Revised from 222K)
The US Department of Labor is set to release the initial jobless claims data for the week ending April 26th. The release is scheduled for tonight at 8:30 PM Beijing time. This data is crucial for understanding the current state of the job market and economic conditions in the US.
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