US jobs data just missed hard — only 29K jobs added in September vs 89K expected. That's a 67% miss.
Unemployment ticked up to 4.2%
Market's gonna read this as dovish = more rate cuts on the table. Watch $BTC and risk-on assets pump if this confirms the Fed pivot narrative.
Weak labor = looser policy = liquidity incoming 👀
Unemployment ticked up to 4.2%
Market's gonna read this as dovish = more rate cuts on the table. Watch $BTC and risk-on assets pump if this confirms the Fed pivot narrative.
Weak labor = looser policy = liquidity incoming 👀