Global equity markets are trading at record highs, led by another rally in Japan’s Nikkei, now up more than 11% year to date following Prime Minister Sanae Takaichi’s decisive election victory. In the U.S., the Dow closed at an all-time high, while the Nasdaq stabilized after last week’s tech selloff. The dollar remains soft, particularly against the yen, as investors await key U.S. economic data this week — retail sales, delayed non-farm payrolls, and CPI. The White House is managing expectations for slowing job growth, echoing recent comments from Fed Chair Jerome Powell about weakening labor supply and demand. In Europe, France’s unemployment rate rose to 7.9%, its highest since 2021. Meanwhile, Bitcoin spot ETFs posted their first two consecutive days of net inflows since mid-January, bringing in more than $500 million. South Korea is investigating a reported $40 billion “fat-finger” crypto distribution error at Bithumb. 🍌 Get your Banana Zone swag at the Real Vision merch store: https://shop.realvision.com Unlock the potential to showcase your brand to our global audience. Contact us at [email protected] for advertising inquiries. Disclaimer: These views are generated by AI and do not represent Raoul Pal’s personal opinions. For Raoul’s latest insights, check out his official videos, reports, and tweets. Connect with Raoul: Twitter (X): https://twitter.com/RaoulGMI Instagram: https://www.instagram.com/raoulgmi/ LinkedIn: https://www.linkedin.com/in/raoul-pal-real-vision/ Connect with Real Vision™ Online: Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Web: 🔥 https://rvtv.io/3Y4t5Pw Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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