Post
Miya_Rose
Tonight's nonfarm payrolls exploded.
The market expected 90,000, but the actual number was only 29,000. The previous value was revised down from 162,000 to 133,000, and July was directly revised from +21,000 to -10,000. A net downward revision of 60,000 over two months, with employment growth almost zero. The unemployment rate at 4.2% was also higher than the expected 4.1%.
This is not a slowdown; it is the prelude to a hard landing.
Before the data was rel$ZEC #AnthropicEyesNovIPO
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