Noteworthy this week
Unemployment to rise in the US: According to the chart, small businesses’ hiring plans lead unemployment in the US. So, if this relationship holds true, we should soon start seeing a significant increase in US unemployment.
Small caps perform record bad: Small caps post worst first half-year performance in history relative to large caps.
Milei sorts out Argentina: Milei’s policies have already reduced consumer prices and increased the value of the Peso. Rock on!
Young French rejects centrism: The most recent election results in France show that the 18-24-year-olds prefer the far left and, thereafter, the far right, and definitely not Macron’s center alternative.
Buffett is no longer buddies with Gates: Buffett has already given money to the Gates Foundation, but it seems he has changed his mind about his inheritance. Good decision!
Weekly market performance
Click here to see more markets and periods.Chart of the weekhttps://becomeabetterinvestor.net/become-a-better-investor-newsletter-6-july-2024/
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