đ„ US Non-Farm Payrolls (NFP) for September:
+119K (expected +50K, previous +22K / -4K)
Unemployment: 4.4% (expected 4.3%) â highest since 2021!
đ The rundown:
The stats are much stronger than expected â best job growth in five months. Healthcare, services, and food sector are leading.
đ» Transport, logistics, and manufacturing are still losing jobs â the structural split continues.
âŒïžÂ But the labor market isn't invincible:
Rising unemployment is a worrying sign. The Fed now faces a choice between the risk of inflation and cooling the economy. The December meeting is a real puzzle â uncertainty is at its peak.
âĄïž Market reaction â so-so.
Volatility is down. Indices bounced slightly. Thereâs a fleeting hope for a rate cut, but the negative scenario is already priced in.
đĄÂ Main question:
Will the Fed cut rates in December?
â Crypto is staying cautious, reacting with a moderate drop.
â Risk appetite hasnât returned. Liquidity isnât fixed.
đ§© Sideways is our new reality
Donât expect a big drop â the marketâs waiting for a trigger.
đ© P.S.: Trump already started pressuring Powell â midterms are coming! If anything turns the game, itâll be a political pump under the Christmas tree đ
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Whatâs your Fed rate scenario for December? Drop your thoughts in the comments!
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