Good news is all out, both explicit and implicit

If this is the case, are you willing to take that chance?

I sorted it out

The non-farm data was revised down from 114,000 to 89,000 in July, and the June data was revised down from 179,000 to 118,000. A total of 86,000 new jobs were revised down in two months; the unemployment rate of 4.2% is not much different from expectations, but the number of layoffs in recent companies has been increasing, which means that the job market is worse than we thought.

On Friday, the two-year Treasury yield has been lower than the 10-year base bond yield, that is, the key yield curve has ended inversion.

Dow Jones market data shows that since July 1, 2022, there has been no long-term U.S. Treasury yield higher than the short-term bond yield at the close. Once it occurs, it will end the longest yield curve inversion on record. As of last Thursday, the curve has been inverted for 545 consecutive trading days.

Weak labor data fueled the Fed's bet on rate cuts, causing the U.S. Treasury yield curve to temporarily end inversion. But in history, when the yield curve ends its inversion, the economy begins to have problems.

The above viewpoints are explained: From the perspective of product attributes, the safe-haven factor of gold was covered up on Friday night, causing the price of gold to fall. This situation is short-lived and does not affect the subsequent return to a strong performance; from different economic perspectives, different economic correlations show that the current economic situation in the United States is getting worse and worse. Investors are bound to turn their attention to gold, and virtual currency is an important safe-haven asset. #美国8月非农就业人数不及预期 #小非农增幅创3年多新低 #BTC走势分析 #BNBChainMemeCoin #美联储何时降息？ $BTC $ETH