๐จ JOBS SHOCKER โ MAJOR MARKET ALERT ๐จ
๐บ๐ธ U.S. October NFP: -105K
Major job losses highlight a sharp weakening in the labor market, going well beyond a simple slowdown.
๐ Key Takeaways:
โข Economic momentum is losing steam rapidly
โข Fed's focus shifting toward bolstering employment over taming inflation
โข Bets on aggressive rate cuts and easier monetary policy are heating up
๐ง Market Response:
Liquidity rally is underway, with risk assets rallying on the news.
๐ $BTC and $ETH in focus as the monetary easing story strengthens.
โ ๏ธ A single report doesn't confirm a recession, but it's a strong late-cycle warning sign.
Markets are adjusting positions thoughtfully โ no widespread panic yet.
