🚨 BREAKING 🚨
🇺🇸 ADP PRIVATE PAYROLLS JUST DROPPED HARD
Expected: +10,000
Actual: -32,000
This is a major miss — and it signals a weakening labor market.
A weak labor market =
➡️ Less wage pressure
➡️ Lower inflation
➡️ Higher probability of rate cuts
📉 This report strongly supports December rate cuts.
📉 The Fed now has even more justification to ease.
MARKETS WILL LOVE THIS.
