I believe many people have seen some information through some media accounts, and I have made a picture. Congressmen and economists are criticizing Powell for making a serious mistake, that is, cutting interest rates too late, because today's data is too explosive. If the interest rate is cut by 50 basis points at the beginning, it is too drastic, and if it is cut by 25 basis points, it is too little. The implication is that the best time for interest rate cuts has been missed, and we have to pay attention to recession. Now all major assets have fallen synchronously. The VIX index has exploded today. VIX is a panic index, which is negatively correlated with the US stock market and is also a recession signal😅#美国7月非农就业增长放缓 $BTC