- Weekly Wizdom
- Posts
- Economic Uncertainty
Economic Uncertainty
Issue #157
Good morning!
All eyes are on the Fed today, which is expected to cut rates by 25 bps. As always, the FOMC's economic projections and the Fed’s press conference will follow the meeting.
The only labour-related data released supported a rate cut as the ADP report showed that the US private sector cut 32,000 jobs, while companies with fewer than 50 employees cut 120,000 jobs. This was a significant miss relative to the mild job creation expected. The bond market is currently pricing a rate cut today with almost 90% probability, up from as low as 40% a few weeks ago.
We have a busy week ahead, data-wise, as we finally receive the delayed US PPI and payrolls data (Oct and Nov) and the latest unemployment rate figure. Given the time lag, forecasts are certainly less reliable, but the PPI index is expected to be slightly higher and non-farm payrolls softer than the latest September print. UK data is expected to be positive, with GDP holding steady after a monthly decline, while inflation is expected to tick down 0.2% year-on-year compared to the latest data point. In China, expectations are for both retail sales and industrial production to grow even faster than in the last print.
Art Basel Miami was vibes. Between all the nonstop networking chaos, two events absolutely crushed it. Our Golf Invitational and the Mild Mild West Casino Night. Both were a total hit, and Weekly Wizdom took home the win at the golf tournament!
Huge thank you to everyone who pulled up, supported, partied, golfed, gambled, or just hung with us. We got to link up with friends, rivals, and some of our biggest competitors, swapping ideas, getting inspired, and leveling up as a community.
And don’t worry… this is just the start. We’ve got plenty more events coming, and we can’t wait to share what’s next with all of you.
Trade Ideas This Week
We cover the following tickers:
Crypto: HYPE, SOL, PUMP, BTC, FARTCOIN
Equities: SPX, JOBY, LIF, ALL/Tungsten
Remember:
✅ Read the trading plans carefully
🔔 Set price alerts
🎯 Time your entries
Enjoy!
Table of Contents
 Almonty (ALL): ~+50% IDR: ~+44% |  Fartcoin (TG): +8.5% Fartcoin (TG): +6.4% |
Disclaimer
Wizard of Soho LLC and Weekly Wizdom publish financial information based on research and opinion. We are not investment advisors and do not provide personalized, individualized, or tailored investment advice. Additionally, we do not offer legal advice or information. The publisher does not guarantee the accuracy of the information provided on this page. All statements and expressions presented are based on the author's or paid advertiser's opinion and research. Directly or indirectly, no opinion is an offer or solicitation to buy or sell the securities or financial instruments mentioned.
As news is ever-changing, the opinions included should not be taken as specific advice on the merits of any investment decision. Investors should conduct their own investigation and review of publicly available information to make informed decisions regarding the prospects of any company discussed. Any projections, market outlooks, or estimates herein are forward-looking and inherently unreliable. They are based on assumptions and should not be construed as indicative of actual events.
Contrarily, other events that were not considered may occur and significantly affect the returns or performance of the securities discussed herein. The information provided is based on matters as they exist on the date of preparation and does not consider future dates. As a result, the publisher undertakes no obligation to correct, update, or revise the material in this document or provide any additional information. The publisher, its affiliates, and clients may currently or foreseeably have long or short positions in the securities of the companies mentioned herein. They may, therefore, profit from fluctuations in the trading price of the securities. There is, however, no guarantee that such persons will maintain these positions. Unauthorized reproduction of this newsletter or its contents by photocopy, facsimile, or any other means is illegal and punishable.
Neither the publisher nor its affiliates accepts any liability for any direct or consequential loss arising from any use of the information contained herein. By using the website or any affiliated social media account, you consent and agree to this disclaimer and our terms of use.