Global TradFi & Macroeconomics

According to market analyst @JunDo1050, the U.S. non-farm payroll fell 23,000 in August, significantly missing the consensus forecast of +85,000 jobs. Average hourly earnings rose just 0.1%, below the expected 0.3% increase. The jobless rate declined to 4.1%, contrary to expectations for a slight r

According to 22V Research, approximately 25 S&P 500 companies quantified AI margin benefits in Q2, averaging 180 basis points improvement, with pure AI contribution averaging 150bp when excluding efficiency measures bundled with other initiatives. Bloomberg Intelligence counted 43 executives

Berkshire Hathaway acquired approximately $4.5 billion in treasury shares during the second quarter of 2026, bringing the six-month total to about $4.8 billion. The company's cash reserves declined to $365.5 billion as of the end of June, down from a record $397.4 billion three months

According to Goldman Sachs, major hyperscalers' combined free cash flow is expected to decline through 2027 before recovering to approximately three times the 2024 peak by 2030, contingent on capex growth halting. Goldman estimates hyperscaler capital expenditures could reach $1.1 trillion by 2027,

Market expectations for a U.S. Federal Reserve rate hike in September have declined by 15 percentage points to 42%, according to current market pricing. The shift reflects a corresponding reaction in U.S. government bond

According to Powell's proposal at the July 29–30 FOMC meeting, the Federal Reserve is considering reducing the number of annual policy meetings from 8 to 6, marking the first reduction since 1981. Following the announcement, long-term Treasury yields rose and the yield curve steepened. Goldman

Federal Reserve Chair Jerome Waller proposed reducing the annual number of Federal Open Market Committee meetings from eight to six during the July 29-30 FOMC meeting. The proposal aims to shift market focus away from policymaker commentary toward economic data, reducing forward guidance to

U.S. stock markets reached all-time highs this week, marking the strongest weekly performance since April. The S&P 500 rose 3.6%, while the Nasdaq climbed 5.2% and the Philadelphia Semiconductor Index surged 9.3%, rebounding sharply after July's decline. Microsoft and Amazon led the rally; Amazon be

US crude oil inventories have declined for 17 consecutive weeks, reaching 712 million barrels — the lowest level since March 1984. Since early April, total inventories have dropped 166 million barrels, surpassing the previous record of 16 consecutive weeks set in 2021. The decline is driven by

Iran's National Security Council Secretary Mohammadbagheri threatened yesterday to further restrict the Strait of Hormuz and close other shipping lanes if the U.S. maintains its maritime blockade and military provocations. The statement contradicts a day-earlier message from an Islamic

US Treasury Secretary Bessent characterized the Q2 GDP growth rate of 1.5% as a 'very noisy figure,' attributing the slowdown from the prior quarter's 2.1% to technical factors including Strategic Petroleum Reserve releases. He stated that core GDP remained 'quite solid' and projected the economy

The US Dollar Index (DXY) fell last week following coordinated intervention between the US and Japan supporting the yen. The decline pushed the DXY back below the 100.50 support level, marking the index's earlier move above that level as a failed breakout. Commercial traders responded by

Bank of America's Bull & Bear Indicator rose to 9.7, the highest level since 2021, driven by high-yield fund inflows, global high-yield and AT1 spread compression, and improved index breadth. Fund flows until August 5 showed money market funds attracting $53.7 billion, equities $32.9 billion,

According to Citi, the firm lowered Micron's price target to $1,150 from $1,500 following the Future of Memory and Storage conference, citing revised DRAM and NAND price assumptions after meeting with supply chain and third-party experts. The bank adjusted its assumptions, applying an 8x P/E

On Tuesday (August 11), supply chain analyst Kuo Ming-chi refuted market claims that TSMC is hoarding $1 billion worth of Apple processors due to memory shortages, according to his X post. Kuo stated that while Apple adjusted some hardware shipment plans due to DRAM constraints, this differs from

Berkshire Hathaway ended its 14-quarter selling streak in Q2 2026, recording net stock purchases of approximately $20 billion. For the first half of 2026, the company accumulated $39.4 billion in stock purchases against $27.8 billion in

According to BofA analysis, the Bull & Bear indicator reached 9.7 in the week ending August 5, marking its highest level since 2021 and entering the sell signal zone. The rise was driven by high-yield fund inflows, narrowing global high-yield and AT1 spreads, and improved index breadth. Weekly fund

US Bitcoin spot ETFs recorded a net inflow of 1,899.60 BTC on August 6, marking the fourth consecutive trading day of positive inflows. Total holdings rose to 1,223,658.34 BTC. The August 6 inflow was smaller than the August 5 figure of 3,989.89 BTC, but funds continued to flow into the ETFs,

According to recent comments, U.S. Treasury Secretary Yellen characterized the second-quarter GDP growth slowdown to 1.5% (annualized) from the prior 2.1% as a "very noisy figure." She attributed the deceleration to technical factors, including the Strategic Petroleum Reserve drawdown, while

US Bitcoin spot ETF total holdings rose to 1,223,658.34 BTC on August 6, with net inflows of 1,899.60 BTC marking the fourth consecutive trading day of net inflows. Weekly holdings have accumulated 10,946 BTC in net additions over the past seven trading