The whale ๐Ÿ‹ (@TheRealYield) header
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ืื ืœื™ืกื˜ ืฉื•ืง ื‘ื›ื™ืจ, ืžืืงืจื• ื’ืœื•ื‘ืœื™ ืžื•ื–ืžื ื™ื ืœืงืจื•ื ืืช ืžื—ืฉื‘ื•ืชื™ื™ ื›ืœ ื”ืฆื™ื•ืฆื™ื ืžื™ื™ืฆื’ื™ื ืืช ื“ืขื•ืชื™ื™ ื”ืื™ืฉื™ื•ืช ื‘ืœื‘ื“ ื•ืื™ื ื ื”ืžืœืฆื”.

Joined April 2015
ื”ืžื–ืœ ืื•ื”ื‘ ืืช ื”ืืžื™ืฆื™ื
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ืชืงื™ืฉื• ืœื• ื’ื•ืฉ ื”ืฉื™ื ื•ื™ - ืชืงืฉื™ื‘ื• ื—ื•ืฅ ืžื‘ืจื™ืช ืžื™ืœื” ื”ื•ื ืขืฉื” ื”ื›ืœ
ื  ื ื• ื ืœ ืค ื  ืช ื™ ื ื• ืŸ ื—ื•ืœื” ืขืœ ืžื ืฆื•ืจ ืขื‘ืืก ๐Ÿฉท ืชืงืฉื™ื‘ื• ืื™ืš ื”ื•ื ืขื•ืฉื” ืกืคื•ื ื’ืณื” ืžื‘ื™ื‘ื™ ื”ืืจื•ืจ โ€ฆ. ืฆืคื™ื™ื” ื—ื•ื‘ื” ๐Ÿ“Œ
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ื”ื•ื ืืœื•ืฃ ื›ืœ ืžื™ืœื”
ื–ื™ื ื™ ื›ื‘ืจ ื‘ืžืจืชืคืชื™ ื”ืฉื‘ืดื› ืžื—ืœื™ืฃ ืืช ื”ืคื™ืœื˜ืจ ื‘ืจื™ื˜ื” ื‘ืžืชืงื ื™ ื”ื•ื•ื˜ืจื‘ื•ืจื“ื™ื ื’ ื–ื” ื”ืžืฉืคื˜ ื”ื›ื™ ืžื•ืฉืœื ืฉืฉืžืขืชื™ ื–ื” ื–ืžืŸ ืจื‘. ื•ืœื›ืœ ืžื ื”ื™ื’ื™ ื’ื•ืฉ ื”ืฉื™ื ื•ื™ ื•ื”ืชื™ืงื•ืŸ ืฉืžืชื ื”ืœื™ื ื›ืžื• ื—ื‘ื•ืจืช ื ืขืจื™ ืชื™ื›ื•ืŸ ื‘ืžืงื•ื ื›ืžื• ืžื‘ื•ื’ืจ ืื—ืจืื™, ืงื—ื• ืœื›ื ืฉืœื•ืฉ ื“ืงื•ืช, ืฉืœื™ื™ืŸ ื›ื‘ืจ ื”ืชืžืงืฆืข ื‘ืœืขืฉื•ืช ืขื‘ื•ืจื›ื ืืช ื”ืขื‘ื•ื“ื” ื‘ื‘ืชื™ ื”ืกืคืจ
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ื ืกื“ืง 5.5%- ื–ื•ืจืงื™ื ื˜ืง ื›ืžื• ืžืฉื•ื’ืขื™ื- ื›ื•ืœื ืจืฆื™ื ืœื™ืฆื™ืื”- ื”ื ืกื“ืง ื ื›ื ืก ืœื˜ืจื™ื˜ื•ืจื™ื” ืฉืœ ืชื™ืงื•ืŸ ื‘ืงืฆื‘ ื”ื–ื” ืขื“ ืกื•ืฃ ื”ื™ื•ื ืœื˜ืจื™ื˜ื•ืจื™ื” ื“ื•ื‘ื™ืช
ื‘ื•ืืืื #ื‘ื•ืขืชAI
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ืืชื ืžื‘ื™ื ื™ื ืฉืืคืฉืจ ืœื ืฉืง ืืช ื” IPO ืฉืœ ืื ืชืจื•ืคื™ืง ืœืฉืœื•ื, ื•ื›ืœ 0.9TN$ ื”ืชื—ื™ื™ื‘ื•ืช ืœืกืคืงื™ AI ื–ื” ืขืœ ื”ืงืจื— ื›ืŸ?
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ื ืกื“ืดืง 5%- ืœืจื•ื‘ ื–ื” ืœื ื‘ืœื•ื– ื”ื™ื•ื, ืื‘ืœ ื‘ืจื•ื— ื”ืชืงื•ืคื” ื ืจืฉืžืชื™ ื”ื™ื•ื ืœืฉื™ืขื•ืจ ื™ื•ื’ื” ืฉืœ ืฉืขื” ื•ื—ืฆื™ ืขื ืื•ืคืฆื™ื” ืœื”ืืจื›ื” ๐Ÿคทโ€โ™‚๏ธ
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ืงืฆืช ืกื˜ื˜ื™ืกื˜ื™ืงื” ืจื•ืฆื™ื? ื’ื ืื ืœื ืœืคื™ #ื’ื•ืœื“ืžืŸื–ืืงืก, ื›-60% ืžืžื ื™ื•ืช ืžื“ื“ ื”-S&P 500 ื›ื‘ืจ ื ืžืฆืื•ืช ื‘"ืฉื•ืง ื“ื•ื‘ื™" โ€“ ื›ืœื•ืžืจ, ืจืฉืžื• ื™ืจื™ื“ื” ืฉืœ 20% ืื• ื™ื•ืชืจ ืžื”ืฉื™ืื™ื ืฉืœื”ืŸ. ื”ืžื“ื“ ืขืฆืžื• ื ืžืฆื ื‘ืžืจื—ืง ืฉืœ ืคื—ื•ืช ืž-3% ืžื”ืฉื™ื ื”ื”ื™ืกื˜ื•ืจื™ ืฉืœื•.
ื”ืคื“ ืขื•ืžื“ ืœื—ืชื•ืš ื‘ืจื™ื‘ื™ืช ืขื•ื“ 1...2...
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ื”ืคืขืจ ื”ื–ื” ืžืฆื˜ืžืฆื ื”ื™ื•ื: ื”ื‘ื•ืงืจ, ื‘ืชื•ืš ืคื—ื•ืช ืžืฉืขื”, ื ืžื—ืงื• ื›-2 ื˜ืจื™ืœื™ื•ืŸ ื“ื•ืœืจ ืžืฉื•ื•ื™ ื”ืžื ื™ื•ืช ื‘ืžื“ื“ ื”-S&P. ื”ื™ื•ืช ื•ื”ืขื•ืฉืจ ื”ื–ื” ื”ื—ื–ื™ืง ืืช ืืจื”ืดื‘ ืขื ื”ืจืืฉ ืžื—ื•ืฅ ืœืžื™ื, ืกื™ื›ื•ื™ #ืžื™ืชื•ืŸ ื’ื•ื‘ืจื™ื ื›ืคื™ ืฉื‘ื ืœื™ื“ื™ ื‘ื™ื˜ื•ื™ ื‘ื”ืฉืชื˜ื—ื•ืช ืขืงื•ื ืชืฉื•ืื•ืช ื”ืื•ืฆืจ ื‘ืืจื”ืดื‘.
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ื”ืคื“ ืขื•ืžื“ ืœื—ืชื•ืš ื‘ืจื™ื‘ื™ืช ืขื•ื“ 1...2...
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ื”ื™ืฉืจืืœื™ ื™ื‘ื™ื ื• ืจืง ื“ืจืš ื”ื›ื™ืก - ืื™ืŸ ื‘ืจื™ืจื” ื•ื‘ืงืจื•ื‘ ื”ื“ื•ืœืจ ื™ืฆืžืฆื ืคืขืจื™ื
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ืืžืžืžืžืž > 3.19
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ืื™ื–ื” ื™ื•ื ืžืฆื•ื™ื™ืŸ ืขื™ืชื•ื™ ืžื“ื”ื™ื ืœืฉื ื•ืชืืช ื”ืจื›ื‘ ืžื“ื“ื™ #ืื—ื•ื–ืชื‘ื™ืช ืืœ ืขืœ ื ื›ื ืกื” ื•ื›ื‘ืจ ืชืฆื
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* ื”ื™ืฉืจืืœื™ ื™ื‘ื™ื ื•
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ื‘ื•ืืืื #ื‘ื•ืขืชAI
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ืœืคื—ื•ืช ืชืชื ื—ืžื• ื›ื›ื” ื”ื•ืจื’ื™ื ืืช ืžืคืœืฆืช ื”ืื™ื ืคืœืฆื™ื” ื”ื“ื‘ื™ืงื”
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ื“ื™ื•ื•ื—ื™ื ื›ื™ ืจื•ื‘ื™ื• ืขื•ืžื“ ืœื”ื’ื™ืฉ ืืช ื”ืคื˜ืจื•ืชื•
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ืฆืจื•ืช ื‘ืฆืจื•ืจื•ืช ืœื ืื™ื ื˜ืœ ืื™ื ืกื™ื™ื“ - ืœืœื ืื™ื ื˜ืœ ื•ืงื•ื•ืืœืงื•ื ื•ืื•ื•ื™ ื—ืฉืคื” ืžื—ืฉื‘ PC ื”ื‘ื ื•ื™ ื›ื•ืœื• ืžืจื›ื™ื‘ื™ื ืกื™ื ื™ื - SCMP ืงื•ื•ืืœืงื•ื ืฆื•ืœืœืช 11%
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ื‘ื™ื ืชื™ื™ื ื‘ื”ื•ืจืžื•ื– - ืื™ืจืืŸ ืžืจืื” ืœื›ื•ืœื ืžื™ ื”ื‘ื•ืก ืื™ืจืืŸ ืžืขื ื™ืงื” ืคื˜ื•ืจื™ื ื”ื ื•ื’ืขื™ื ืœืžืฆืจ ื”ื•ืจืžื•ื– ืœืกื™ืŸ, ื”ื•ื“ื•, ืขื™ืจืืง ื•ืงื˜ืืจ
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#ืืจื”ื‘ ืขืœื•ืช ืœื™ื—ื™ื“ืช ืขื‘ื•ื“ื” ื•ืคืจื™ื•ืŸ ื‘ - Q326: ืคืจื™ื•ืŸ ืขื•ืœื” + ืขืœื•ื™ื•ืช ืขื‘ื•ื“ื” ืœื™ื—ื™ื“ื” ื™ื•ืจื“ื•ืช = ืกื™ืžืŸ ื—ื™ื•ื‘ื™ ืœืจื•ื•ื—ื™ื•ืช ื”ื—ื‘ืจื•ืช ื‘ืžืžื•ืฆืข. ื–ื” ืื—ื“ ื”ืกื™ืžื ื™ื ื”ื›ืœื›ืœื™ื™ื ื”ื—ื™ื•ื‘ื™ื™ื ื™ื•ืชืจ ืžื‘ื—ื™ื ืช ืฆื“ ื”ื”ื™ืฆืข.
US Unit Labour Costs Q3 P: 0.7% (est 0.4%; prev 1.2%; prev R 1.9%) -Nonfarm Productivity: 3.6% (est 2.7%; prev 1.4%; prev R 2.1%)
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