๐จ WARNING ๐บ๐ธ
Initial Jobless Claims came in lower than expected for the 4th straight time โ labor market is still tight.
This is a key signal for the Fed ๐
Stronger jobs = less urgency to cut rates.
๐ Translation for markets:
Fewer rate cuts for now, tighter financial conditions may stick longer than bulls expect.
Liquidity matters. Timing matters.
