The major non-farm data is mixed, the unemployment rate of 4.2 meets expectations, and non-farm employment is higher than expected!
The positive aspect is that the recession has not manifested, possibly indicating that the impact of tariffs has yet to appear or the data may not be accurate, overall positive for the economy;
The negative aspect is that there is no recession and significant impact, and interest rate cuts need to be observed, we still have to look at the upcoming data!
