UNEMPLOYMENT DATA AND THE REALITY IS DIFFERENT
જ⁀➴
Don't be fooled by the headlines. The increase from 9,000 to 200,000 initial claims is just statistical noise, near historic lows.
The real story is hidden in the details. The average duration of unemployment surged to 11.9 weeks, the highest since 2021. Companies have sharply slowed hiring, but they are not yet laying off workers en masse.
And the bill is coming due. Following the hot CPI report, the market is already pricing in an 85 to 89 percent chance of a 25-basis-point hike in December, with the risk of a 50-basis-point hike hovering between 11 and 15 percent.
Low jobless claims would only help the
consistently for weeks, which is not the case. The Fed remains under pressure, and the market is vulnerable.
$BARD
$MAGMA
$PLAY
#usjoblessclaimsrise
#USJoblessClaimsRise #MAGMAtoken
#AnthropicRejectsIPODelayValuationinQuestion
જ⁀➴
Don't be fooled by the headlines. The increase from 9,000 to 200,000 initial claims is just statistical noise, near historic lows.
The real story is hidden in the details. The average duration of unemployment surged to 11.9 weeks, the highest since 2021. Companies have sharply slowed hiring, but they are not yet laying off workers en masse.
And the bill is coming due. Following the hot CPI report, the market is already pricing in an 85 to 89 percent chance of a 25-basis-point hike in December, with the risk of a 50-basis-point hike hovering between 11 and 15 percent.
Low jobless claims would only help the
consistently for weeks, which is not the case. The Fed remains under pressure, and the market is vulnerable.
$BARD
$MAGMA
$PLAY
#usjoblessclaimsrise
#USJoblessClaimsRise #MAGMAtoken
#AnthropicRejectsIPODelayValuationinQuestion
