MARCH JOBS WERE OVERESTIMATED $SPY 🚨
Oxford Economics says March employment strength was overstated as labor force and household employment both declined, and the war-related slowdown is expected to hit hiring, spending, and investment in the coming months. The base case still calls for the Fed to ignore a one-time oil shock and cut rates twice to protect a weakening labor market.
Front-run the easing narrative. Watch duration, high-beta crypto, and rate-sensitive names for the first liquidity bid. Fade the oil panic and let the labor slowdown do the real work on pricing.
I think this matters because the market is likely underpricing how fast growth risk can outweigh inflation fear. If the Fed looks through oil and stays dovish, liquidity expectations can flip risk assets hard before the data fully catches up.
Not financial advice. Manage your risk.
#Fed #Macro #Rates #Crypto #Inflation
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