Guys .....
BIG DAY FOR THE US MARKETS TODAY
1. US Unemployment Rate dropping in 30 mins
The market is expecting unemployment to drop to 4.5% from 4.6%.
If it comes in higher than expected, recession fears could get triggered
Lower than expected could mean lower rate cut odds for January (already at 13%)
2. Supreme Court tariff ruling at 10AM ET
The Court will decide if Trump's tariffs are legal
Currently there's a 75% chance the Court rules it illegal, which would mean refunding $133B from the $600B collected from tariffs
Both events are happening within 90 minutes of each other
Watch out for massive volatility.