@singularity7x
1/ Jobs Numbers Plunge: Implications for Markets
- 73k July nonfarm payrolls missed expectations by 30%
- 89% cumulative downward jobs revisions from May and June reports
- Sept rate cut odds have jumped to 81% per CME Fed Watch Tool
- Asset Performance:
- BTC: -1.4%
- SPY: -1.5%
- Gold: +1.8%
- US Agg Bonds: +0.8%