September unemployment rate: 4.1% vs 4.2% (expected) and 4.2% (prior)
September US nonfarm payrolls: +254k vs +132.5k (expected) and +159k (prior; revised from +142k)
The Doom and Gloomers and Reces...
As a fellow 🐻 I thought they would be worse, but I think this delays fed action which is maybe worse. I will review Beige Book but I suspect there could be demand pulled forward due to strike and Christmas. Real test will be earnings and guidance, but I had said that for last set of earnings.
Q2 earnings had a lot of bearish guidance. Is Nike and Apple the problem or is the market weaker?
And what's the craic with 1/3 of national debt maturing Q1 2025? Does it matter or has Janet Yallen done something good for once?
Personally I'm quite bullish on Bitcoin whatever happens, but idk about stocks.
Q2 earnings had a lot of bearish guidance. Is Nike and Apple the problem or is the market weaker?
And what's the craic with 1/3 of national debt maturing Q1 2025? Does it matter or has Janet Yallen done something good for once?
Personally I'm quite bullish on Bitcoin whatever happens, but idk about stocks.