LongYield

We have just posted our piece on $UBER. They Have shown a lot of promise on the Revenue side, but Cost/OpEx continue to drag their performance. Will they ever turn the corner? go to our substack to read it or also read past posts on $OPEN $PTON $ROKU

Uber: Surprisingly, it has More than Double its Pre- Pandemic Revenue the question is, have they double their losses as well?

has dropped by more than 80% in the past 12 months, yet it finds itself in a great position as the Switzerland of the streaming wars. Have a look at our newest article just posted on our substack $ROKU

https://longyield.substack.com/p/roku-the-switzerland-of-the-streaming?r=1kb42c&utm_medium=ios

US Job Market:
- No new net jobs have been added since March 2020
- If previous trend had continued 5.2M should have been created
- If the trend would have been lower (100K new per month) we would be missing 3.1m jobs
We are missing at least between 3 to 5m jobs from trend

Retail sales coming out at 8:30, current estimate 0.8% MoM

From 2010 Italian leadership has been anything but stable 🇮🇹

JP Morgan added $428 million to reserves for potential 'bad loans'. Also announced that they will stop stock buybacks.

235.75k Jobless claims, trend not looking great... need to keep an eye on...

Unemployment is above 4.5% in mostly in Illinois, New Jersey, Michigan, Washington and Puerto Rico
Some Noticeable high un employment cities are Yuma ,AZ 14.4%, El Centro CA 11.4% Rockford IL 8.3%

Have to keep an eye on Italian banks for the next few months after ECB starts hiking. They still have considerable Italian government debt in their balance sheet

Euro, Yen , Colombian Peso and many others are getting destroyed against the dollar. A mix of very low dollar liquidity ( which might get worse) and economic challenges of the regions are creating this dollar wrecking ball

Unemployment Rate By Region
Part of the country that the Unemployment Rate is below 2.4%
Most of Florida, some sections of the center of the country and little pockets of California stand out on the map.

Inflation By Selected Metro Areas - June YoY:
- 🏜️ Phoenix, AZ12.3%
- 🏨Atlanta, GA. 11.5%
- 🏖️Miami-Fort Lauderdale, FL. 10.6%
- 🛢️ Houston- TX 10.2%
- 🗼Seattle-Tacoma-Bellevue, WA. 10.1%
- 🌉San Francisco, CA 6.8%

Total Country 9.1%