And strange discrepancies on jobs report
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| | | | Friday, September 6th
Are you ready to exploit this “glitch?” I’m excited to show you something that could change the way you trade forever.
Join the live broadcast at 2PM ET | | | | |
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| | | | "When I criticize a system, they think I criticize them—and that is of course because they accept the system and identify themselves with it."
- Thomas Merton | | | | |
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| | | | Markets Today 🌏 Asia-Pacific: Down 🇪🇺 Europe: Down
🇺🇸 United States: Down
🛢️ Oil: Down
⚡ Crypto: Down | | | | |
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| | | | Major Market Events | • | | Mortgage rates will need to drop: 75% of homeowners have sub-5% mortgage (link) | | • | | Jobs report solid: The ADP non-farm payrolls came in soft, but not too soft. (link) | | • | | Market pricing in significant rate cuts: Could the Fed cut rates down to 4% by end of year? (link) |
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| | | | 🤔 My Thoughts Somehow the U.S. has lost a million jobs over last year, but payroll report still show positive gains. What's the issue? Diving into the stats, we see that the majority of these gains come from government sector, and among immigrants. Native-born Americans are not getting jobs. Not only that, but job growth is still far below pre-pandemic trend. | | | | |
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| | | | To Better Trading,
Alex Reid Wealthpin | | | | |
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______________________________________________________ Friday, September 6th Are you ready to exploit this “glitch?” I’m excited to show you something that could change the way you trade forever. Join the live broadcast at 2PM ET ______________________________________________________ "When I criticize a system, they think I criticize them—and that is of course because they accept the system and identify themselves with it." - Thomas Merton ______________________________________________________ 🌏 Asia-Pacific: Down 🇪🇺 Europe: Down 🇺🇸 United States: Down 🛢️ Oil: Down ⚡ Crypto: Down ______________________________________________________ - Mortgage rates will need to drop: 75% of homeowners have sub-5% mortgage (link)
- Jobs report solid: The ADP non-farm payrolls came in soft, but not too soft. (link)
- Market pricing in significant rate cuts: Could the Fed cut rates down to 4% by end of year? (link)
______________________________________________________ Somehow the U.S. has lost a million jobs over last year, but payroll report still show positive gains. What's the issue? Diving into the stats, we see that the majority of these gains come from government sector, and among immigrants. Native-born Americans are not getting jobs. Not only that, but job growth is still far below pre-pandemic trend. To Better Trading, Alex Reid Wealthpin |
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