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10/09/2025 Pull that Foot Back in There! PLEASE REFER TO THE BROKER COMMENTARY PAGE FOR UPDATES!! Click Above to Watch Brian’s Afternoon Market Update The US economy is believed to be growing at a 3.8% rate. That would not be bad but is widely uneven between states and sectors. Some calculate that 80% of that growth is related to AI investments by the largest companies while the general economy is actually deteriorating without that. Got AI? Real gross domestic product decreased in 39 states in the first quarter of 2025. Moody’s tracks the economy on a state-by-state basis and says that by their analysis that 22 states are in recession, Iowa being one of them, with another 13 states treading water. The economic hardship of soybean farmers is getting all of the good press so that wheel should get greased first from USDA. Iowa’s real GDP contracted by 6.1% in the first quarter of 2025 compared to the previous quarter, placing it 49th among all states. Iowa’s Unemployment Rate is at 3.80%, compared to 3.70% last month and 3.20% last year. Much better than the 4.2% US unemployment rate, Iowans are working harder but for less. President Trump just blew away wind turbines and…

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