#SaylorBTCPurchase
✅MACRO DATA 🇺🇸
🟢 Employment in the Private Sector
⏺ Investors expect a decrease in employment from 228K to 138K
✅Fact: 177K
🟢 Unemployment Rate in the USA
⏺ Investors expect sideways movement in unemployment and its maintenance at 4.2%
✅Fact: 4.2%
💡How to read the data: a stable/strong labor market - locally, may upset investors and cause a local correction, but will signal “health of the economy” and growth may continue until summer. A weak labor market - may cause “recession fears,” “panic moods,” and correction, as recession risks will increase. However, the US Federal Reserve will lower rates faster and ease monetary policy, and the rhetoric at the meeting on May 7 will be more “dovish” (which is positive for the markets) ✌️
✔️Comment: as expected this morning in the review, data confirming a strong labor market and stable economy has come out. This may cause a “local correction,” as the rhetoric of the Head of the US Federal Reserve may be “hawkish,” but this will allow markets to grow longer until “reset.” Ideal conditions: negative US GDP and stable labor market = soft landing.
