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#PCEAndPayrollsWeek The market may care less about whether PCE or payrolls are “good” and more about whether they tell the same story 👀
Hot inflation + strong jobs keeps hikes alive. Cooler inflation + weaker hiring gives the Fed room to ease.
What caught my attention is the messy middle: sticky inflation with weaker jobs.
That would force the Fed to choose between price stability and labor risk, while BTC, gold, stocks and bonds all reprice the answer.
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Tendances du marché
1#FedECBMeetingMinutes

2#BTCETHETFFlowsDiverge

3#BessentTreasuryYields
