😳 Bloomberg reports today’s Nonfarm Payrolls data is the worst since 2020, showing record-low hiring rates.

What’s behind it? Massive Boeing Co. strike action and recent hurricanes.

Chances of a PAUSE at the next #Fed meeting? 0%.

With a 98.3% probability, expect a 25 bps rate cut. 📉 #MarketDownturn #fed #boeing #Bloomberg