This data shows that the Fed is wrong again!
The Labor Market was significantly impacted by the increase in high interest rates which lasted for quite a long period of time
It is important to remember that poverty is left behind, because the impact of high interest rates is reduced business expansion, why? Because the cost of borrowing and borrowing is higher, entrepreneurs are also confused about whether they want to expand
With UNRATE data and trends that have risen to 4.3%, there should be no reason to cut the Fed Rate in September
In August, the UNRATE should still be able to rise again, because no steps have been taken by the Fed as of the data release for July, so if in September the Fed cuts the rate, the impact will only be felt 2 - 3 months later
This means that the market will be shaken first before a flood of liquidity floods the market again
Patience is a test for Investors, stay sad, don't be enthusiastic 🤣💰
Yours truly,