#tradewar

Canada experienced a significant job deficit in September, losing 68,300 positions, marking the second consecutive monthly decline. This downturn is attributed to escalating trade disputes with the United States and persistently high oil prices. The Bank of Canada is expected to maintain its current policy rate due to this weak labor market data. However, a potential rate hike in December looms if oil prices remain elevated and inflation broadens. Job losses were concentrated in the public sector, particularly education and healthcare, with manufacturing also significantly impacted by new tariffs.

Canada

https://realeconomy.rsmus.com/canada-lost-68300-jobs-as-trade-war-clouds-outlook/

A legal expert suggests the Canadian government should consider nationalizing Stelco, a U.S.-owned steel plant in Hamilton, due to recent layoffs. Professor Nicolas Lamp believes this action could provide transparency and time to ensure decisions align with national interests. He questions whether the current management is acting in the best interest of Canadian workers, especially amidst a trade war. The federal government has given Stelco's owner five business days to present a plan to retain Canadian jobs. This discussion arises as 300 to 350 workers face job losses at the Hamilton facility.

Hamilton, Ontario

https://www.cbc.ca/news/canada/hamilton/stelco-nationalize-9.7376461

I was suspecting that PK stepped in to buy to create support at that level. LOL JK

Today, NKE blew pass $37.00 as if it doesn't exist. And it comfortably found home at upper $36.00. That is if market will not turn south at the last hour of trading session.
So don't be surprised if ends the day at low $36.00

With Iran War, Trade War and Inflation as factor, I don't think anyone will step in and buy.

Nike is caught between rock and a hard place.

got hammered on Friday together...
AMZN and NKE is main culprit of Dow going down 900 points

Wall Street views AMZN and NKE will be most affected by new round of trade that will be started by China and Trump...

Is next time for NKE $50.00s or lower if stock markets gets into REAL bear market?....

With 100k$ price tag for an H1-B and massive tariffs on outsourced labor and overseas remittances, get ready for an end to this scam of a program.

It's going to be a bright, sun shiny day.

Start packing, Saars.

"Hecho en Mexico", wow that brm set is going to cost 10 Gs if you pay full term!