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Economic Signals Indicate Caution
Recent economic indicators showcase growing concerns. A disappointing US jobs report signals potential recession fears. Meanwhile, the Bank of Japan's decision to raise interest rates for the second time in the year, breaking a long-standing policy of 0% to negative rates, introduces uncertainties in monetary policy. Additionally, rising worries about the profitability of major tech companies emerge as they heavily invest in AI, raising questions about their future financial health.