The 11 times the United States raised interest rates against China did not bring down China.
A wave of data caused the U.S. stock market to crash.
The entire cryptocurrency network exploded again with a total of US$300 million.
I said it yesterday, long and short double kill.
The number of new non-farm jobs in the United States in July was far lower than expected and the previous value, and the unemployment rate was the highest in nearly three years. Panic caused U.S. stocks to collapse again. The Dow Jones Industrial Average fell about 990 points during the session
Fears of a U.S. recession have led the market to significantly increase bets on interest rate cuts this year to more than 100 basis points.
Some time ago, the 11 interest rate hikes targeting China did not bring down China.
On the contrary, it will cause further decline for itself and give its allies a short life until interest rates rise.
I said that proportionally, the Fed interest rates are at one of the highest levels in history.
Nowadays, Americans are so reluctant to work.
If you deposit your money in the bank, you can live off the interest.
Then a rate cut is a matter of course, maybe even 50 basis points.
But this does not mean a good thing. If the economy collapses, the currency circle will not be immune.
It is possible that all the benefits will be exhausted before September, and interest rates will finally be cut, but the market will fall instead.
Look and explore again!
Today’s observations: sol, pepe, shib, ETH
#美国7月非农就业增长放缓 #BTC #ETH🔥🔥🔥🔥 #sol
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