Catastrophic JOLT: Job Openings Crater To Lowest Since 2021 As Data Manipulation Fails | ZeroHedge

Last month, after the latest JOLTS report came in fractionally stronger than expected as the Kamala Department of Labor engaged in its usual data manipulation, this time by artificially inflating the number of government sector job (more…)

Continue ReadingCatastrophic JOLT: Job Openings Crater To Lowest Since 2021 As Data Manipulation Fails | ZeroHedge

Faced With Stagnant Domestic Growth, China Starts A New Global Trade War | ZeroHedge

By Mish Shedlock

China is going all in on exports to revive growth led by EVs. Trump vows to strike back with 60% tariffs.

Accelerated Global Trade War

The Wall Street Journal comments China Is Starting a New Trade War.

Two Guiding Principles

China’s first fear is well founded in reality. US sanctions on chips and AI technology have forced China to go it alone. It’s a US mistake to think it can cut off China from leading technology.

Should the US succeed, (more…)

Continue ReadingFaced With Stagnant Domestic Growth, China Starts A New Global Trade War | ZeroHedge