The data has been released

The data has been released. US stock futures performed well before the data came out, and even better after the data came out. Yesterday we said that there are three important data, namely unemployment rate, employment and wages. I originally thought that the unemployment rate would maintain a balance, employment would decline, and wages would decline, such a 5050 result. Unexpectedly, the data made me have to praise the US Bureau of Labor Statistics.

Let's take a general look at it first. The unemployment rate has dropped to 4.1%, which is the biggest positive, indicating that the probability of economic recession is being eliminated. Then the number of employed people has directly increased from the expected 140,000 to 254,000, which is a complete economic "bull market". Moreover, the annualized wage has exceeded expectations and has risen to 4%, and the monthly rate remains the same as last month.

At first glance, all aspects are positive sentiment. The only thing that may disappoint some investors is that the probability of a 25 basis point interest rate cut in November has increased significantly, and the possibility of 50 is almost non-existent. Everything else is good.