Jonathan on Nostr: Loved this one! The analogy of shedding the old skin is so real 🔥 ...

Loved this one! The analogy of shedding the old skin is so real 🔥

quoting
nevent1q…vx3j

Issue #6 of Dr. Jeff's Macro Chartbook is live! 👀

The Other Side of the Storm

I have a confession: I have been spending too much time in the doom loop. This issue is different.

→ AI is augmenting workers, not replacing them -- the data says so

→ US unemployment near historic lows despite decades of automation fears

→ S&P 500 earnings growing at 18-22% -- the AI productivity story is real

→ Bitcoin priced in gold: strikingly similar to the Dec. 2022 bottom

→ Bitcoin short-term: bearish ascending channel resolved to the upside, now knocking on the 200-day SMA

→ Silver: third test of upper boundary resolved to the upside THIS MORNING

"Great nations and economies are built on proof of work. And they die on proof of stake."

Plus: proof of work nutrition. Yes, really.

Not investment advice. Not medical advice. Just a curious observer sharing what is on his charts.

Read it here: https://substack.com/@jeffross191961/p-196704246