Another jobs leading indicator turns sour
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I have argued repeatedly that the official Australian Bureau of Statistics
(ABS) unemployment rate of 3.8% flies in the face of broader labour market
dat...
2021-06-30
Semiconductors
AMD taggin resistance, ASML approaching support. I'm looking for a bull trap to spring on technology. Tech has been positively corelated with interest rates, except when rising bonds are bearish for stocks. Traders have aggressively run up technology stocks on the assumption of a Goldilocks drop in interest rates.
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