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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: WendyBG x2🐝  😊 😞
Number: of 4460 
Subject: Jobs weak, bubbles bursting, AI jitters
Date: 02/05/26 8:02 PM
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wellsfargo.bluematrix.com: Wells Fargo - December JOLTS: Slide in Openings Signals Labor Demand Remains Weak

by Wells Fargo economists, February 5, 2026
December JOLTS: Slide in Openings Signals Labor Demand Remains Weak
Summary

The December JOLTS report underscored the labor market remains in a precarious position. Job openings fell to 6.5 million and are down around 10% over the past year. The ongoing slide suggests a turnaround in hiring conditions is not yet upon us. Turnover data also suggest labor market activity remains subdued. The hiring and quit rates remained near their lowest levels in roughly a decade in December, excluding the initial months of the pandemic… [end quote] - good charts here.

Stock Market Today: Nasdaq Slumps Again as Jobs Data Collides With Tech Selloff
Amazon earnings disappoint, sending shares down afterhours; bitcoin falls 13%

Investor jitters about tech stocks and the health of the U.S. labor market sent stocks lower Thursday.

The Dow industrials dropped 593 points, or 1.2%, while the S&P 500 also lost 1.2%. The Nasdaq fell 1.6%, adding to its worst two-day pullback since last April’s tariff turmoil…
[end quote]

And take a look at bitcoin…and gold and silver. Bond yields dropped and USD rose as investors flew to safety.

Quickly and easily view and analyze mini-charts of up to 12 different symbols simultaneously, all displayed side-by-side on a single page

And take a look at VIX. It’s not to panic levels but the market is getting nervous as bubbles seem to be popping.
stockcharts.com: CandleGlance | StockCharts.com

stockcharts.com: CandleGlance | StockCharts.com

Wendy
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