Kevin Warsh is getting ready to hand out red candles to the crew again! 🥲
The US just added 165k jobs in October, double the forecast, and unemployment fell to 4.1%. With the labor market this strong, if CPI and PPI tick up even a little next week, new Fed Chair Kevin Warsh will have an excuse to hike rates aggressively—how could he possibly cut them now? #JobsReportRaisesHikeOdds , that’s what I’m talking about!
What do traders get out of rising interest rates? Sure, there are benefits... profits come with the risk of ending up on oxygen! A volatility storm is coming, and charts will be spinning like crazy, wiping out both longs and shorts and burning accounts left and right. What should traders do now? Close the app and go to sleep, or sit tight and fight the FOMO. Manage your capital carefully and stick to short-term trades. Wishing everyone luck surviving the storm season!
This is not financial advice.
Click below to trade and support me:
$BTC
$ETH
$AKE
#FedRateHike #CPI #PPI #CryptoTrading #VINHTOCDO
The US just added 165k jobs in October, double the forecast, and unemployment fell to 4.1%. With the labor market this strong, if CPI and PPI tick up even a little next week, new Fed Chair Kevin Warsh will have an excuse to hike rates aggressively—how could he possibly cut them now? #JobsReportRaisesHikeOdds , that’s what I’m talking about!
What do traders get out of rising interest rates? Sure, there are benefits... profits come with the risk of ending up on oxygen! A volatility storm is coming, and charts will be spinning like crazy, wiping out both longs and shorts and burning accounts left and right. What should traders do now? Close the app and go to sleep, or sit tight and fight the FOMO. Manage your capital carefully and stick to short-term trades. Wishing everyone luck surviving the storm season!
This is not financial advice.
Click below to trade and support me:
$BTC
$ETH
$AKE
#FedRateHike #CPI #PPI #CryptoTrading #VINHTOCDO
