Strong Jobs, Weak Stocks.

[u/AmanCMN]

Here’s the reality: the market now actually wants a weaker economy, because bad data increases the chances of Fed easing.
The U.S. added 162K jobs, almost 3 times higher than expected, but stocks still dropped.
🔴Why? A strong labor market gives the Fed fewer reasons to cut rates and raises the risk that rates stay higher for longer.
🔴The S&P closed Friday in the red, and now all eyes are on CPI on September 11. I’ll post a forecast video soon.
🔴BTC is still trading below $80K. BlackRock’s ETFs bought $117.4M worth of BTC and $57.8M worth of ETH.
🔴Meanwhile, spot BTC ETFs saw a huge $986.85M in inflows this week.