BLS āϰāĻŋāĻĒā§āϰā§āĻ āĻāĻāĻāĻžāĻ āĻāĻĨāĻž āĻŦāϞāĻā§:
Jobs upâĻ but stressāĻ up.
đ 119,000 new jobs added in September (vs. 50k expected) â āĻŦā§āϝāĻŦāϏāĻž āĻāĻāύāĻ āĻšāĻžāϝāĻŧāĻžāϰ āĻāϰāĻā§āĨ¤
đ Unemployment up to 4.4% â āĻ āϰā§āĻĨāύā§āϤāĻŋāϰ āĻāĻŋāϤāϰ⧠āύāϰāĻŽ āĻāĻžāĻĒ āϏā§āĻĒāώā§āĻāĨ¤
đ Wages +0.2% MoM | +3.8% YoY â āϧā§āϰ⧠āϧā§āϰ⧠āĻŦāĻžāĻĄāĻŧāĻā§, āĻāĻŋāύā§āϤ⧠āĻā§āĻŦ āĻļāĻā§āϤāĻŋāĻļāĻžāϞ⧠āύāϝāĻŧāĨ¤
đ Market Meaning?
āĻāĻāĻž pure âgood-but-not-greatâ data.
āĻļāĻ āύā§āĻ, āĻāĻŋāύā§āϤ⧠āĻļāĻā§āϤāĻŋ-āĻ āύā§āĻ â āĻ āϰā§āĻĨāύā§āϤāĻŋ āĻāĻāύ middle zone āĻ āĻāĻāĻā§ āĻāĻā§āĨ¤
đ Fed Angle:
Rate cut? Not happening soon.
Rate hike? Unlikely.
Theyâll probably hold steady until āĻāϰāĻ āĻĒāϰāĻŋāώā§āĻāĻžāϰ āϏāĻŋāĻāύā§āϝāĻžāϞ āĻāϏā§āĨ¤
āĻāĻāύ āĻŽāĻžāϰā§āĻā§āĻā§āϰ āϰāĻŋāĻ ā§āϝāĻžāĻāĻļāύ āĻšāĻŦā§ cautious bullish â
āύāĻž āĻāĻžāϰāĻžāĻĒ, āύāĻž āĻĢāĻžāĻāĻžāĻĢāĻžāĻāĻŋāĨ¤ Just balanced volatility. âī¸âĄ
844 (+2.38%)
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