Do Not Be Scared Of Monday’s Market Drop

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🇺🇸 🇺🇸 A break of the range of estimates for #ISM #Services PMI should prompt extended market move. Traders anticipate multiple 2024 rate cuts from the Federal Open Market Committee (FOMC)
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Stop Relying On Fakes To Make Money

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Gold Up But Investors Not Buying Gold ETFs

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🚨 🚨 #Investors Take Note: Even though gold is going up (orange), money is not flowing into gold ETFs (blue)
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Fed’s Balance Sheet At Lowest Level

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🇺🇸 🇺🇸 The Fed’s balance sheet is at its lowest level since April 2021, down $1.17 trillion from its peak in April 2022
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No Financial Knowledge Required To Make Money

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Singapore To Triple AI Workforce

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🇸🇬 🇸🇬 #Singapore is looking to #triple its pool of artificial-intelligence practitioners to 15,000 by training locals and hiring from overseas, as part of an updated national strategy around the technology, according to Deputy Prime Minster Lawrence Wong. “These are our data, machine learning scientists and engineers. They are the backbone of AI,” Wong said at an event Monday
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China: Eastspring Cuts Jobs

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🇨🇳 🇨🇳 #Eastspring Investments and Barings LLC have been cutting jobs at their #China hedge fund operations, highlighting the challenges global asset managers face in gaining a foothold in the 6 trillion yuan ($840 billion) local market
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TikTok Swamped By Deepfake Videos

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🚨 🚨 #TikTok struggles to take down deepfake videos of Hamas victims. Dozens of these videos are still live and haven’t been taken down by TikTok’s content moderation system, allowing the posters to grow their accounts, while the app benefits from the engagement people give these videos online. The fact that the videos appear alongside other, typically lighthearted TikTok content in a quick scroll exposes users to these manipulated images without any context or explanation
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Zuckerberg Sells First Meta Shares In Two Years

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🚨 🚨 #Meta surged 172% this year through the end of November. Zuckerberg’s co-founder’s trust as well as entities for his charitable and political giving unloaded about 682,000 shares worth almost $185 million in November. This is the first time entities that manage Zuckerberg’s fortune have sold shares since November 2021
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China Services PMI Climbs

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🇨🇳 🇨🇳 BREAKING: #China data – Caixin Services PMI for November 51.5 (expected 50). Prior 50.4
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