#USJobsData
US PAYROLL WAS NOT "GOOD". IT WAS A WARNING. 🚨
The market tried to sell optimism, but the data tells another story, and it is ugly.
Only 64 thousand jobs created in November.
Yes, it came in above estimates... but that is irrelevant when we look at the context.
October was revised down by -105 thousand jobs.
This is not noise. It is the labor market showing real weakness, hidden in the previous numbers.
Unemployment at 4.6% the highest level in over 4 years.
And when unemployment rises, consumption falls. When consumption falls, the economy slows down. Simple as that.
And the Fed?
This report practically buries any chance of a rate cut in January.
No urgency. No pivot. No immediate relief.
Result?
Strong dollar
Yields under pressure
Risk being drained from the market
Bitcoin does not react because the macro environment does not help.
Liquidity is still tight. Patience is being tested. Emotion is being punished.
The truth that no one wants to hear:
> The market has not bled enough for the Fed to intervene.
Those who understand macro know:
Pain comes before relief.
Opportunity arises when the majority loses conviction.
Stay cool. Stay liquid. Stay alive in the market.
The game is not over; it just got harder.
