𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 – 𝗔𝘂𝗴𝘂𝘀𝘁 𝟮𝟭, 𝟮𝟬𝟮𝟱 𝗣𝗼𝘄𝗲𝗹𝗹 𝗮𝘁 𝗝𝗮𝗰𝗸𝘀𝗼𝗻 𝗛𝗼𝗹𝗲: 𝗘𝗺𝗽𝗹𝗼𝘆𝗺𝗲𝗻𝘁, 𝘁𝗵𝗲 𝗙𝗲𝗱’𝘀 𝗔𝗰𝗵𝗶𝗹𝗹𝗲𝘀’ 𝗛𝗲𝗲𝗹 This week, all eyes are on Jackson Hole and Jerome Powell’s speech. The September rate cut, the review of the monetary framework, and his track record at the head of the Fed will all be under scrutiny. The central theme of the symposium: labor markets in transition. While unemployment remains low (4–4.2%), job creation is slowing sharply. The average has dropped to 35,000 jobs per month compared to more than 200,000 at the start of the year. Lower immigration reduces labor supply, limiting the number of jobs needed to maintain full employment. But weak wage growth also suggests a demand problem. Small businesses report declining sales, which is weighing on hiring. The key question is whether this is just a temporary slowdown or the start of a deeper downturn. The Fed must juggle between full employment and price stability, in a context of rising inflation. 🇫🇷#𝟭 𝗣𝗼𝗽𝘂𝗹𝗮𝗿 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗶𝗻 𝗙𝗿𝗮𝗻𝗰𝗲 𝗼𝗻 𝗲𝗧𝗼𝗿𝗼 (𝗯𝘆 𝗽𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲) 🇫🇷 I’m proud to share this milestone: becoming the top Popular Investor in France in terms of performance. But above all, I’m grateful to everyone who trusts me with their capital. My goal has always been clear: - Invest with discipline - Focus on value - Build long-term performance This achievement is not just mine, it’s yours: every copier, every message of support reminds me why I take this responsibility so seriously. The market is often irrational, but with a rigorous approach, it constantly offers opportunities. My role is to identify them, stay patient and focused, and turn them into sustainable performance. Thank you all once again for your trust. We’re just getting started—the best is yet to come. $NSDQ100 $SPX500 ⚠️ Risk Warnings: 𝘛𝘩𝘪𝘴 𝘪𝘴 𝘢 𝘱𝘦𝘳𝘴𝘰𝘯𝘢𝘭 𝘴𝘵𝘳𝘢𝘵𝘦𝘨𝘺, 𝘯𝘰𝘵 𝘢𝘥𝘷𝘪𝘤𝘦. 𝘞𝘩𝘦𝘵𝘩𝘦𝘳 𝘺𝘰𝘶 𝘤𝘩𝘰𝘰𝘴𝘦 𝘵𝘰 𝘶𝘴𝘦 𝘪𝘵 𝘪𝘴 𝘺𝘰𝘶𝘳 𝘰𝘸𝘯 𝘥𝘦𝘤𝘪𝘴𝘪𝘰𝘯. 𝘗𝘢𝘴𝘵 𝘱𝘦𝘳𝘧𝘰𝘳𝘮𝘢𝘯𝘤𝘦 𝘪𝘴 𝘯𝘰𝘵 𝘢 𝘨𝘶𝘢𝘳𝘢𝘯𝘵𝘦𝘦 𝘰𝘧 𝘧𝘶𝘵𝘶𝘳𝘦 𝘳𝘦𝘴𝘶𝘭𝘵𝘴.