4 september. Dåliga nyheter är goda nyheter. Brent crude up 60% this year. Volkswagen to cut 100,000 jobs.

 


Brent crude is up almost 60% this year

Iran’s forces continued to target vessels transiting Hormuz this week, and fired missiles at Jordan, Kuwait and Bahrain. 

https://www.bloomberg.com/news/articles/2026-09-03/latest-oil-market-news-and-analysis-for-sept-4


Dåliga nyheter är goda nyheter.

Under fredagseftermiddagen är det dags för färska amerikanska jobbsiffror. 

Ipek Ozkardeskaya, marknadsstrateg på Swissquote Bank, poängterar att en svag jobbsiffra hade kunnat ge ränteduvorna i Fed medvind och trycka ned på marknadsräntorna och dollar samt ge stöd till aktiemarknaden.

”Om de amerikanska jobbsiffrorna däremot är starka, och det är en möjlighet, så kommer marknadens fokus och rädsla fortsätta att riktas mot inflationen. Det kan lyfta räntorna ytterligare och tynga aktievärderingarna”, skriver hon i ett morgonbrev.

Viktor Mölne DI 4 september 2026, 10:49

https://www.di.se/nyheter/dags-for-manadens-viktigaste-siffra-sa-ar-forvantningarna/ 


US Adds 162,000 Jobs, Topping All Estimates in Broad Advance

The report indicates the labor market is powering through uncertainty from the Iran war and pressure from inflation, which may bolster the argument for raising interest rates.

Bloomberg 4 September 2026

https://www.bloomberg.com/news/articles/2026-09-04/us-employers-add-162-000-jobs-topping-all-estimates


Volkswagen to cut 100,000 jobs by end of decade

The company will carry out the biggest job cuts ever seen in the industry. Volkswagen also plans to restructure and invest in research.

Deutsche Welle 4 September 2026

https://www.dw.com/en/volkswagen-to-cut-100000-jobs-by-end-of-decade/a-78896123





Stark jobbsiffra sänkte Wall Street 
Minnessektorn steg på bred front medan Tesla hade en tung fredag.


Stockholmsbörsen steg svagt inför helgen.
https://www.di.se/live/sma-borsuppgangar-infor-helgen-sandvik-och-ssab-vinnare/


Dagen innan

https://englundmacro.blogspot.com/2026/09/3-september.html




Kommentarer

Skicka en kommentar

Populära inlägg i den här bloggen

Niall Ferguson: The AI Boom Is a House of Cards, Tyler Cowen: Not so fast

AI is driving markets and GDP growth—but the underlying financing resembles the 19th-century railroad industry, which had its own share of crashes. Financial history can help us here. If you’re unsure if there’s an AI bubble, refer to the historian Charles Kindleberger’s five-stage model: Displacement: Some change in economic circumstances creates new and profitable opportunities for certain companies. Euphoria or overtrading: A feedback process sets in whereby rising expected profits lead to rapid growth in share prices. Mania or bubble: The prospect of easy capital gains attracts first-time investors and swindlers eager to defraud them. Distress: The insiders discern that expected profits cannot possibly justify the now-exorbitant price of the shares and begin to take profits by selling. Revulsion or discredit: As share prices fall, the outsiders stampede for the exits, causing the bubble to burst altogether. We are currently at stage 3. Niall Ferguson The Free Press 17 November 2025...
Läs mer

Cognitive blind spots

Bild
Cognitive blind spots are undermining our ability to see the world as it is, rather than as we would like it to be. At the start of the 21st century, western elites generally assumed that globalisation, democracy and the free market were self-evidently good, and would keep spreading, creating peace. N o longer.  FIS, Swiss Federal Intelligence Service, has published a manual about cognitive blind spots. 18 different cognitive biases that hamper our thinking, such as “group think” (adhering to the cosy assumptions of our tribe), “anchoring” (relying exclusively on whatever information we see first, say on social media),  “confirmation bias” (only seeing data that reinforces pre-existing views),  “mirror imaging” (assuming others think like us),  “absence of evidence” bias (failing to think about the data we lack)  and “survivorship bias” (judging data only with success stories, not failures). Gillian Tett Financial Times 2 January 2026 https://www.ft.com/content/...
Läs mer

Martin Wolf; The next crash - Why this time might not be different

Bild
Stock markets are not only ignoring the obvious threats, but seem imbued with extreme optimism. In the autumn of 1929, Irving Fisher, one of the greatest American economists, stated: “Stock prices have reached what looks like a permanently high plateau.”  This turned out to be one of the most incorrect forecasts ever made: in short order, US and global stock markets were hit by the Great Crash, which was followed by the Great Depression. Maybe markets were in some sense “right” before the crash and wrong after it. But who cared? For investors and the hundreds of millions of people across the world whose lives were upended by the disaster, the gods of the stock market had failed for a generation. Why might this story be relevant today? The answer is that the valuation of US stocks is even higher today than in September 1929.  The first global financial crisis after the disaster of the 1930s in 2007-09: the easy monetary — and relaxed regulatory — policies adopted after the stoc...
Läs mer