🇺🇸 The US is over-employed

New US jobs could keep fueling inflation | Twitter sweetened the deal for advertisers | [TOGETHER WITH]( Hi {NAME}, here's what you need to know for December 5th in 3:05 minutes. 🚀 Sallie Krawcheck has a history of starting things well, including Ellevest, the robo-advisor investment platform that’s electrified the world of finance. So it’s pretty fitting that she’s the one kicking off the [Modern Investor Summit]( tomorrow. Join us to find out how [the most powerful woman on Wall Street]( is preparing for 2023. [Get your free ticket]( Today's big stories - The US economy added more jobs than expected last month, sparking concerns about further rate hikes - These three things might make you think differently about bitcoin – [Read Now]( - Twitter offered advertisers tasty incentives in a bid to lure them back to the platform Bad News, You’re Hired [Bad News, You’re Hired] What’s Going On Here? According to data out on Friday, the US economy [added]( more jobs than expected last month. What Does This Mean? The headlines might make it sound like jobs are hard to come by these days, but mass [layoffs]( at the likes of Meta and Twitter are the exception, not the rule. So sure, the retail, transportation, and warehousing sectors shed workers last month – but leisure, hospitality, and healthcare more than plugged the gap. All in all, the US economy actually added 263,000 jobs in November, breezing past the 200,000 that economists predicted. Plus there are still far more vacant positions than there are workers to go around, so employers are continuing to up wages to attract applicants. No wonder average earnings jumped 0.6% from October to November – the most in a year, and around double expectations. Why Should I Care? For markets: Fed up. The US economy has now added an average of 392,000 new jobs a month this year – a fact that’ll do little to calm the Federal Reserve (the Fed), which hammered home last week that job growth’s still far too rapid. And now, with rising wages threatening to boost inflation again, all the Fed’s hard work could be in jeopardy. That means another 0.75 percentage point hike might be in the cards later this month – a suspicion that sent US markets tumbling when the news broke. The bigger picture: Putting food on the table. Inflation’s a worry across the pond too, where surging prices are set to make this year’s Christmas dinner the most expensive Brits have tasted in at least ten years. Data out on Friday [showed]( that the typical holiday meal will cost 22% more this year than last, as the cost of festive staples from turkey to Yorkshire puddings keeps ballooning. And at 14% more this year, even a cruelty-free vegan option is painful. You might also like: [Investors are betting on a dream soft landing.](  Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Bad News, You’re Hired&utm_campaign=daily-global-05-12-2022&utm_source=email) Analyst Take Three Things The Media Isn’t Telling You About Bitcoin [Three Things The Media Isn’t Telling You About Bitcoin]( By Jonathan Hobbs, Analyst It’s been a [grim year for bitcoin]( investors, and as you’d expect, there’s been no shortage of [“bitcoin is dead” headlines](. But if you [take a step back]( and focus on the cold, hard data, things aren’t quite as dire as those articles might suggest. That’s today’s Insight: [here are three things the financial news media isn’t telling you about bitcoin.]( [Read or listen to the Insight here]( Finimize x Revolut Pretty good stuff, right? Our analysts write Insights like this every day, and you can read every single one of them with [Finimize Premium](. There’s no better time to get started: our new partnership means you can get [six free months of Finimize Premium]( and [three free months of Revolut Premium]( if you [sign up for Revolut today](. We’ll even send you £10 (or equivalent) to your Revolut account to get you started. SPONSORED BY MOOMOO Snoop into Berkshire Hathaway’s trades Taking a bit of inspiration from the world’s top traders can’t hurt. And you could do a lot worse than [checking the holdings]( of some of the world’s biggest asset management firms – [Berkshire Hathaway]( and [Soros Capital](, to name a couple. You can do that with [moomoo](, and that’s just the start: you can also access high-tech tools like [heat maps](, [stock comparison metrics](, and [technical indicators]( – all in one handy app. On top of that, you’ll enjoy [extended trading hours](, [easy market access](, [earnings alerts](, and [super-fast trading](. You can get up to [15 free stocks]( – each worth up to $2,000 – if you open and fund an account, and you could even [win up to $60,000 in moomoo’s holiday sweepstakes if you sign up today](. [Find Out More]( Holiday Magic Sweepstakes Rules NO PURCHASE OR INVESTMENT NECESSARY. Open to legal residents of the 50 United States (D.C.) 18 years or older who have a user account with [moomoo.com](. Must have a moomoo user account to enter and a brokerage account to accept the prize. The promotion ends on 1/15/23. See [Official Rules](for how to enter by mail, prize descriptions, and all details. Void where prohibited. Free Stock Bonus: The $2,000 value is based on the market price at the time of the gift. Terms and Conditions apply; please visit [( for details. Level 2 data is free to moomoo users that have an approved brokerage account with Moomoo Financial Inc. Securities offered through Moomoo Financial Inc., Member FINRA/SIPC. Investing involves risk and the potential to lose principal. Trading during Extended Hours: Trading Sessions carries unique risks, such as greater price volatility, lower liquidity, wider bid/ask spreads, and less market visibility, and may not be appropriate for all investors. Addled Over Ads [Addled Over Ads] What’s Going On Here? Twitter’s offering all kinds of carrots to lure advertisers back to the platform, according to reports out late last week. What Does This Mean? Twitter’s feeling the burn right now. As the economy cools and margins tighten, companies are cutting back on advertising budgets left, right, and center. But the cuts are also personal. See, ever since Musk began to relax the platform’s moderation policies, brands have been shunning the big blue bird. And we’re not talking about small fry: United Airlines, General Motors, and Mondelez are just some of the companies that have stopped running ads on the platform, putting a serious dent in Twitter’s $5 billion business. That’s bad news for Musk, who’s on the hook for $1 billion in yearly interest payments after borrowing big to buy the firm. His solution: offer big spenders all kinds of incentives, like matching spending over $500,000 and boosting impressions for high-rolling firms. Why Should I Care? The bigger picture: Actions have consequences. Maybe firing half of Twitter wasn't so clever: the ads team is now so small that some companies reportedly lack a contact at Twitter, which will hardly help boost sales. What’s more, experts aren’t sure the firm’s incentives will actually have much effect. A hard-won reputation can be destroyed in seconds – and advertisers might decide that Twitter’s discounts aren’t worth the risk of being associated with questionable content ([tweet this](). Zooming out: Tesla aims low. Musk’s got to be careful not to forget about Tesla, his other little hobby horse. Data out last week [showed]( that the firm’s still sitting atop the EV throne in the US, with a 65% market share – but that number’s down from 79% back in 2020. Still, Musk’s got a plan: he recently announced that Tesla has a sub-$30,000 car in the pipeline, which he’ll be counting on to win buyers at the lower end of the market. You might also like: [Three investment ideas that Elon Musk and Warren Buffett actually agree on.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Addled Over Ads&utm_campaign=daily-global-05-12-2022&utm_source=email) 💬 Quote of the day “This is my answer to the gap between ideas and action – I will write it out.” – Hortense Calisher (an American novelist and short-story writer) [Tweet this]( SPONSORED BY 3COMMAS Learn from the best, forget the rest The crypto market is always moving and changing, so your investment strategy probably should too. That’s easier said than done though, or it was until [3Commas]( came along… Their platform, which uses automated bots to make trades, lets you see which strategies have worked best in different market conditions. So you can [pick and choose which one to use when](. Whether the market’s going up, down, or moving sideways, you can set 3Commas bots up to profit. And because you can [connect to most major exchanges]( from within the 3Commas platform, you can easily manage all your crypto activities from one place. You’ll even an exclusive [60% discount for Finimize readers]( if you sign up today. [Find Out More]( When you support our sponsors, you support us. Thanks for that. CHART OF THE WEEK Here’s how the biggest company in the world makes its money. The $2 trillion giant raked in an eye-watering $90 billion in revenue last quarter, with a gross margin of 42.3%. Over half of that came from the sale of its flagship product, the iPhone. But as sales of those gadgets start to slow, Apple could find itself relying on its highly profitable services division to plug the gap – so don’t be surprised if the segment grows in the future. For more, [follow Finimize on Instagram](. [Follow Finimize On Instagram]( 🌍 Finimize Live 🥳 Coming Up This Week… All events in UK time. 🇦🇪 [The Modern Investor Opening Party In Dubai](: 6pm, December 6th 🎉 [Modern Investor Summit](: 12pm, December 6th and 7th 🌱 [The Best Vegan Stocks To Buy In 2023](: 3pm, December 9th 👀 And After That… ♻️ [Green Energy Could Be A Better Investment Than Oil](: 5.30pm, December 12th ✍️ [How To Protect Your Crypto In 2023](: 11am, December 14th 🧠[Three Behavioral Biases To Avoid When Investing](: 5pm, December 14th 🥂 [The Best Luxury Stocks To Buy In 2023](: 5pm, December 15th 🌪 [Preparing Your Strategy for a Volatile 2023 and Beyond](: 12pm, January 11th 🎯 On Our Radar - - Tender, thoughtful, tear-jerking. This debut film is [winning everyone over](. - Color me surprised. Our obsession with dyes [can be toxic](. - Careful when you swipe right. Catfishers are [using AI to bag dates](. - A year in 60 seconds. Get the one-minute low-down on [J.P. Morgan’s 2023 predictions](. - This isn’t Disney. Authorities want folk to [stop licking this toad](. ❤️ Share with a friend Your Referrals: 0 Thanks for reading {NAME}. If you liked today's brief, we'd love for you to share it with a friend. Share your unique link: [ You stay classy, {NAME} 😉 We’d love to hear your thoughts. [Give feedback]( Want to advertise with us too? [Get in touch]( Image Credits: Image credits: Mega Pixel - Shutterstock | Twitter Preferences: [Update your email]( or [change preferences]( [View in browser]( [Unsubscribe]( from all Finimize Emails 😴 Crafted by Finimize Ltd. | Bow Bells House, Bread Street, London, EC4M 9HH All content provided by Finimize Ltd. is for informational and educational purposes only and is not meant to represent trade or investment recommendations. You signed up to this mailing list at finimize.com or through one of our partners. © Finimize 2021 [View Online](