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Kisha Tuxbury sxGG
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Kisha Tuxbury sxGG
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💥 It smelling recession!! Source of the article FINIMIZE The US Created Fewer Jobs Than Expected, And Unemployment Ticked Up Too US jobs data suggested that the country is starting to strain under high interest rates What’s going on here? Data out on Friday showed that the US created fewer jobs than expected, while the unemployment rate ticked up. What does this mean? Nonfarm payrolls are a monthly way of taking a read on employment levels in the US – excluding some industries like farming. This month, the stats won’t be a reassuring read for jobseekers. The country added a shaky 114,000 jobs versus the predicted 175,000, while the unemployment rate ticked up to a higher-than-expected 4.3% – the highest level in nearly three years. Plus, the average hourly wage was up 3.6%, lower than the predicted 3.7%. That suggests companies might be straining under the weight of high interest rates. Why should I care? The Fed doesn’t want to cut rates too quickly, as that could undo much of the progress made against inflation. But the central bank may be regretting its decision after this week’s data. Traders are still pricing in a 0.5% cut in September, with more to follow later in the year. Although, there are concerns that may be too late, with a hard landing seeming increasingly likely. That explains why some investors are running to “safe-haven” assets like US bonds. The bigger picture: Running for the exit. The Bank of Japan increased interest rates this week to support the stumbling yen. And because that forced traders who were betting against the yen to close their positions, the hike was rewarded with a strong rally. But that change also triggered a massive sell-off in Japanese stocks, because investors had borrowed the cheap yen to invest in stocks with higher returns. So one hike meant everyone rushed for the exits, causing the country’s main stock indexes to fall more than 7% in the last two days.
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$BTC I’m not a guru of trading and I’m not making charts analize. I’m not making prediction either. I’m here just like you; to win and protect my investments. Do not let your self influenced by “masters in trading”. Everyone has his own interest. You just follow your own instincts and stick to your plan. See below the history of Bitcoin price and judge for your self the next move. How do you look at it, will decide either short or long investments. I’m shore many of you understand exactly what I’m trying to say! Just DYOR!
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$PEPE Bull is back. Is a big resistance due to fear of recent dump, but is definitely strong. Now is the right time to enter!
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$PEPE Strong momentum. If you think when to enter, now is the right time!
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$BTC $ETH $BNB 🔥🔥🔥 This is for all trading experts!!! Give a bit of help to new ones and once how lost a lot these day. In your opinion is this a good time to buy or you sugest to still waiting? I know it can’t be considered as a financial advice, but your experience can be much appreciated by many who are in trouble and undecided about next move! #BTC #halving #buy
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