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Click On Picture To See Larger Picture[KH] cannot push her way out of Bidenomics, she is caught in her own doing. The economy is falling apart and the people know who the responsible party is. Unemployment is rising, inflation is rising, the market is about to implode. Eric Trump has a big announcement regarding crypto. Is everything about to change? The [DS] is preparing multiple October surprises. Biden will most likely step down, they will swap [KH] out. The [DS] is in panicking mode, they cannot win the election, they don't have the ability to cheat they way they did. They are now trying to stop Trump from taking office, they will use everything they have, economic down turn, chaos, plandemic and war. This is from a place of weakness. Trump has many surprises waiting for the [DS].

 

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Economy

https://twitter.com/KobeissiLetter/status/1824061362189852749

  344,000 jobs in Q4 2023, according to the BED survey released by BLS. On the other hand, nonfarm payrolls data showed that the US labor market added 663,000 and 577,000 new jobs in Q3 and Q4 2023. This is a jaw dropping 1,088,000 difference in job count over just two quarters. The labor market is weaker than the headlines make it seem.

https://twitter.com/KobeissiLetter/status/1824433079504486830

last 4 months to 4.3% in July, the highest since October 2021. If a mild recession hits, history says we could see the unemployment rate rise to over 6% by the end of 2025. The unemployment rate has already crossed above its 36-month moving average for the first time in 4 years. Every time this has occurred in the past, a spike in the jobless rate followed. The US labor market is weakening.

https://twitter.com/KobeissiLetter/status/1824089742494830899

 construction and home-improvement markets are sharply slowing. This has been reflected in new home construction data which plummeted in June toward a 4 year low. Additionally, single-family housing starts declined for their 4th consecutive month in June to a 1 year low. The housing boom is slowing.

https://twitter.com/KobeissiLetter/status/1824181432018932124

 pre-pandemic levels. This is despite 30-year fixed mortgage rates recently falling nearly 100 basis points since May. Housing markets are entirely a supply narrative right now.

https://twitter.com/WallStreetSilv/status/1824428730258776407

https://twitter.com/KobeissiLetter/status/1823834872630403422?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1823834872630403422%7Ctwgr%5E3bd15ee9ea50ad34a9cfcfc8bd8d91a9d4a1cad1%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fx22report.com%2Fwp-admin%2Fpost.php%3Fpost%3D22970action%3Dedit

  to total assets reached 24.5% in Q2 2005 and remained elevated until 2007. Cash, cash equivalents, and short-term Treasuries held by Berkshire Hathaway spiked by $88 billion to a new all-time high of $277 billion in Q2 2024. Is Buffett turning bearish?

https://twitter.com/naval/status/1824038218418749570

https://twitter.com/zerohedge/status/1823911674786566640

Kamala Harris to Announce Soviet-Style Price Controls on Food Under Guise of ‘Gouging Ban’

Soviet-style centrally administered price controls on food and grocery prices will form part of the federal economic proposals U.S. Vice President Kamala Harris will unveil Friday when she finally delivers an insight into her 2024 policies.

Her address will mark the first time Harris offers a policy focused speech since she was anointed as the Democratic candidate in July and been roundly accused by critics since a...