LABOR MARKET BREAKDOWN. FED ON HIGH ALERT.
Initial Jobless Claims 198K. BETTER than expected 215K. The jobs engine is STILL roaring. This keeps the Fed locked in their hawkish stance. Risk assets are on thin ice. Every data point is a potential tremor. Prepare for volatility. This is NOT the time to be complacent. Every second counts. Stay sharp.
Disclaimer: Not financial advice.