Winter is here, recession is here!

The price of interest rate cuts is that the financial market is about to plummet!

The July data shows the lowest number of employed people and the highest unemployment rate. Americans will definitely not cut interest rates for no reason!

The number of non-farm payrolls in the United States increased by 114,000 in July, the lowest since December 2020, far below the expected 175,000, and a sharp drop from the previous value of 206,000 (revised down to 179,000). The unemployment rate in July rose by 0.2 percentage points from the previous month to 4.3%, the highest since October 2021, exceeding the expected 4.1%.