Dr. Jeff on Nostr: #Macrostr ISM Manufacturing New Orders: 48.6 vs 55.1 (prior) - You don't love to see ...
#Macrostr
ISM Manufacturing New Orders: 48.6 vs 55.1 (prior)
- You don't love to see this. 👀
ISM Manufacturing PMI: 50.3 vs 50.9 (prior)
- Still (barely) expansionary, which is good. But definitely weak. 👀
OPINIONS:
The new administration's Downsize and Deregulate with Deafening speed is already starting to show some real short-term economic pain.
"Reprivitization" policies should do well in the medium and longer terms, but will definitely require some time to take effect.
Risk assets and #bitcoin may be tumultuous for longer than they would otherwise have been without the current major administrative policies.
TAKE HOME POINT:
Stay humble. Stack sats. (per ODELL (nprofile…zx3h) )
ISM Manufacturing New Orders: 48.6 vs 55.1 (prior)
- You don't love to see this. 👀
ISM Manufacturing PMI: 50.3 vs 50.9 (prior)
- Still (barely) expansionary, which is good. But definitely weak. 👀
OPINIONS:
The new administration's Downsize and Deregulate with Deafening speed is already starting to show some real short-term economic pain.
"Reprivitization" policies should do well in the medium and longer terms, but will definitely require some time to take effect.
Risk assets and #bitcoin may be tumultuous for longer than they would otherwise have been without the current major administrative policies.
TAKE HOME POINT:
Stay humble. Stack sats. (per ODELL (nprofile…zx3h) )