Sequoia Capital

US jobless claims just dropped to around 202K… basically near a 2-year low On the surface it looks strong, layoffs are low and companies aren’t really firing people But when you look deeper, it’s not that bullish Hiring is still slow, unemployment is creeping around 4.4%, and people who lose jobs are taking longer to find new ones So it’s kind of a weird spot right now Not bad… but not good either More like the economy is just moving sideways Markets see this as “still strong” so Fed might delay rate cuts And yeah… that’s not great for crypto in the short term Less liquidity = slower moves Overall vibe right now Stable… but slowly losing momentum If You Want Latest Updates more just type "Yes/No" 👇 I’m reading every comment.👇 #USJoblessClaimsNearTwo-YearLow