#usadpemploymentchangeslipsto25500 The U.S. job market has surprisingly turned sluggish, as last week's ADP report showed a slight dip to 25,500 jobs (compared to 29,000 the week before). The "few hires, few layoffs" lifestyle is spreading across companies in the land of the stars and stripes.
But what's curious is that Wall Street isn't panicking at all. The bears calling for a recession haven't had time to celebrate, as experts have pointed out that this slight cooling in the data is quite positive, combined with the drop in CPI and plummeting oil prices, will create the perfect context that will help the new Fed chair, Kevin Warsh, ease hawkish pressure in this week's monetary policy meeting. If we're not worried about the Fed hiking rates, the opportunity is back in traders' hands!
Quick, enter the code VINHTOCDO to hop on board, to catch the macroeconomic reversal wave with the crew!
Note: This article is for entertainment purposes only, not financial investment advice.
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