🚨 US LABOR COSTS FLASH RED! DEGENERATES, WAKE UP! 🚨
This data print is a massive shockwave hitting the markets right now. Negative Unit Labor Costs means productivity is soaring relative to wages. This is HUGE for inflation outlook.
• Actual: -1.9% (Massive beat vs 0.0% expectation)
• Previous was -2.9%
This changes the entire macro narrative. Get ready for volatility across $BTC and $ETH as the Fed narrative shifts. Are we seeing a dovish pivot incoming? 🧐
#Macro #CryptoAlpha #FedPivot #EconomicData

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