A bit of....PRAGMATIC POSITIVITY....for risk assets in Europe. Although.....I never invest outside the USA. Thoughts From the Road https://www.kkr.com/content/dam/kkr/insights/pdf/thoughts-from-the-road-europe-november-2025.pdf I really have no clue since I dont follow investing or business in Europe. Perhaps some of our.....outside the USA posters will have an educated comment.
The above is a little different start to a posting day for me.....but....what caught my attention today. HERE are the markets which are NOW open. Dow, S&P 500, Nasdaq under pressure as key ADP jobs data shows weakness https://finance.yahoo.com/news/live...y-adp-jobs-data-shows-weakness-000151923.html
This is actually....REALLY GOOD...news for the markets. Basically a GUARANTEE of some good rate cuts over the next 3-6 months. AND.....a nice brick in the WALL OF WORRY that will keep the good old BULL MARKET going higher and higher. Private payrolls dropped 32,000 positions last month in slowing job market https://finance.yahoo.com/news/adp-...st-month-in-slowing-job-market-133210474.html It is not like this is some BIG SURPRISE. We have seen big companies shedding jobs right and left over the last few months. Jobs are going to continue to slowly....drip, drip, drip, down the drain....mostly due to AI. The other jobs loss driver....small business....which is under constant attack. That is the impact of progress.....UNFORTUNATELY....we are going to continue to see small business shrink. I imagine that in about 50 years....there will be basically......close to ZERO.....small business left alive. I am not saying this as a negative comment.....it will mostly happen as a result of the business evolution and progress. I have no comment whether this evolution is good or bad.....it will just be REALITY.
The other economic news today. We are certainly NOT seeing an over-heating economy. I consider this trend a good thing for the markets. I see a LOT of economic drivers coming on-line next year....lower taxes, cuts in regulation, AI driven productivity, etc, etc, etc. US manufacturing production flat in September https://finance.yahoo.com/news/us-manufacturing-production-flat-september-151527997.html
Looks like SANTA might have a BIG BAG OF BITCOIN in his sleigh this year. Bitcoin breaks above $92,000: 'A Santa rally is certainly not off the cards' https://finance.yahoo.com/news/bitc...is-certainly-not-off-the-cards-152252559.html
I TOTALLY agree with this and HOPE it happens. It is ridiculous to have ELITES...... of both parties..... in the FED and elsewhere representing local areas and regions....when they all are based in Washington DC. Bessent plans to press for Fed bank president district residency requirement https://finance.yahoo.com/news/bessent-plans-press-fed-bank-150742223.html I have no illusions that this will actually happen. Never underestimate the power of the.......government ELITES....on both sides. It is a nice thought that people on the FED...night actually have some knowledge of day to day life in their region.
As a shareholder.....I hope so. Apple's leadership shift marks a 'major reset' in AI strategy https://finance.yahoo.com/news/appl...s-a-major-reset-in-ai-strategy-110031452.html
More.....good news today. US Mortgage Rates Slide to 6.32%, Boosting Purchase Activity https://finance.yahoo.com/news/us-mortgage-rates-slide-6-124652009.html A PERFECTLY NORMAL.....30 year rate.
WOW a good news and commentary day. I dont see a lot of POLITICS on the financial sties today. I also dont see a lot of negativity being pushed. Does it matter? I dont know since I have not even looked at the simple averages today or anything else to do with the actual markets.
Speaking of the markets......DOW and SP500 GREEN.....NASDAQ is RED. BUT...all the action so far is very MILD....with the NASDAQ basically FLAT. NOT a great day for big tech....so far. POOR MSFT....continues to be PUNISHED.....for NOTHING. They are the current big cap WHIPPING BOY.
Here is the....supposed....reason for the drop in MSFT today. Microsoft stock sinks on report AI product sales are missing growth goals https://www.cnbc.com/2025/12/03/microsoft-stock-ai-foundry-sales.html Looks like a....HIT PIECE...... to me. From one of the typical pushers....in my opinion..... of this sort of SPECULATIVE story. Of course this little summary of the original article has ZERO information of who these.....SOURCES.....actually are. It is a JOKE that this story and the drop in the stock today......by $9...nearly 2%.......is based on (ALLEGED) comments by two salespeople in the MSFT Azure unit. This story and the impact on MSFT today represents.....THE WORST....of what drives the short term markets now.
This reminds me of the opinion and consumer and sentiment polls......EMPATHY POLLS. People spout back the media line and "feelings" in response to general questions about the economy......but when asked about how they are personally doing..... they are positive. This is the corporate version.....GREAT REAL RESULTS....but the company is FORCED to spout the NEGATIVE line in guidance....just to go along to get along. Macy’s posts strongest growth in more than 3 years, but strikes cautious note on holidays https://www.cnbc.com/2025/12/03/macys-m-earnings-q3-2025.html
OK....that was a FAST FLURRY....of reading and posting. Good thing I am a very fast reader. I am looking to end the day GREEN....in spite of having only three GREEN stocks right now.....AAPL, GOOGL, and PLTR. My....."FEELING"....is that the markets are UNDERESTIMATING the underlying strength that is reality today and will grow as the day progresses. At worst...... a MILD day. At best......another nice gain for..... "ME". NOT....that I have any real control one way or another.
