I will encouraging you 1 more time to make entry now because you will not seeing recent price again also I will never make any post to encourage my readers or followers for making entry anymore

Why US GDP Decreasing & Jobless Claim Increasing ?

Today US GDP report had deprecated from 1,6% to 1,3% while Jobless Claim increasing from 218 to 219 but you know what, this can be happened because The FED had stay with recent interest rate

Why I can said it may because The FED keeping their interest rate ?

With NO INTEREST RATE CUT it had made USD getting too much powerful compared with other country currency that will make any country in trades with USA will holding their buying if not important also right now lots of company in USA do remote job by finding workers outside of USA so they can pay cheaper for both wages & tax by using the power of USD and that's why it had also made job opportunities for USA citizen got deprecated too & had made Jobless Claim getting more higher than before

Where there is more jobless been claimed mean there is more people that can't afford to buy goods except for important goods which will resulting less demand for US Domestic Products and with less demand will make any company in USA that producing goods also decreasing their output

So what The FED had done with their decision to NOT cutting interest rate had correlations with recent US GDP & Jobless Claim

Now we will see how The FED will make actions regarding this problems because if this problems continue to rise it will effecting US economy so my BET at nearing time The FED board speech may give statements to change their decision for INTEREST RATE CUT where at previous statements The FED will holding it until September 2024

Comment your thoughts about my analysis & lets discuss it