If you can't win on the battlefield, win the battle for gullible minds.The Russian government is sponsoring operations that impersonate international media outlets as part of its growing disinformation campaigns https://trib.al/LdNjoft

In the State of the Union, Biden will propose quadrupling the tax on corporate stock buybacks https://marketwatch.com/story/in-state-of-the-union-biden-will-propose-quadrupling-the-tax-on-corporate-stock-buybacks-11675716462

Re: labor shortage: 100 million+ working-age Americans contracted Covid, according to the CDC. About 1/3 of those got long-term symptoms. That's 30 million+ of working age. About 1/3 of those stopped working, at least for a while. There's your shortage https://www.marketplace.org/2022/01/24/how-much-labor-force-has-been-lost-covid-19/

AI systems threaten jobs in the financial, legal and technology sectors, according to MLIV Pulse survey. Yet 2/3+ of 292 respondents didn't view their own jobs as being at risk anytime soon, even as they work predominantly in the financial sector. #CoSoFinance https://nam10.safelinks.protection.outlook.com/

Inventories are building, and apparently the Russians sent as much oil to sea as possible ahead of sanctions. This, plus a strong dollar, is weighing on crude oil short-term. A test of $70 is in order. #CoSoFinance

As bad as things were for gold on Friday, they were were worse for silver. It closed at its lows, closed below support, bearish volume was high and the Force Index, my favorite momentum indicator, turned bearish. #CoSoFinance

The strong U.S. dollar on Friday hammered gold back below $1,900, breaking support and giving it a horrific week with a bearish engulfing candlestick. Could it go back and retest $1,824.60 as support? Wait and see. Momentum is still bullish, but weakening. #CoSoFinance

The blowout 517,000 gain in U.S. employment in January sent the U.S. dollar index higher, because now the market thinks the Fed will keep hiking for longer. This gave the greenback a very good week, and a bounce from previous support made in May of last year. #CoSoFinance

Weekly chart shows #Copper is pulling back to test its breakout. #CoSoFinance

ISM Services new orders at 60.4 in January, up from 45.2 in December. Anything above 50 is expansion, and above 60? I'd call that a boom. #CoSoFinance

Markets are increasingly pricing in a second-half reversal of the global monetary tightening wave #CoSoFinance https://www.bloomberg.com/news/articles/2023-02-03/markets-play-game-of-chicken-with-central-banks-on-pivot-bets

Politico is splashin' around so hard, trying to find the turd in the punchbowl of today's jobless claims 😂 This is, in fact, great news for Joe Biden. Don't let anyone tell you otherwise. #CoSoFinance https://www.politico.com/news/2023/02/03/employment-report-biden-powell-00081067

With #ChatGPT & Robots coming for all our jobs, now would be a great time for Hollywood to make a "Magnus, Robot Fighter" movie. And not in the crappy art style of the reboot, but the gorgeous style of the original.

Data from ⁦
@TickerSense
⁩ show in January 2023, announced stock buybacks more than tripled to $132 billion from a year ago, reaching highest total ever to start a year … surpasses previous January record (set two years ago) by >15% #CoSoFinance

Another fun factoid on today's amazingly good unemployment number: The only years that have months with lower unemployment rates are 1948, 1951-1953, and 1968-1969. #CoSoFinance