💥 Beautiful Country's April Non-Farm Payroll Exceeds Expectations, But There Are Many Hidden Issues 💥
April non-farm employment data greatly exceeded expectations: 170,000, far surpassing 135,000! But there are many problems behind it:
🔍 Key Points:
Healthcare services are the main driver of job growth.
Manufacturing return only accounts for 8%, with limited effects.
Government job reductions mask the true employment situation.
📉 US Stocks Surge, But Crypto Market Response is Tepid
Although US stocks have risen for nine consecutive days, the crypto market is not buying in; BTC hits a new high, but altcoins do not follow, which may form a short-term head.
💰 Interest Rate Cut Expectations Decrease
The probability of a June rate cut dropped from 60% to 40%. If there is no rate cut, the economy may fall into trouble again.
🔮 May Interest Rate Meeting Approaches
Can the Federal Reserve continue its hawkish stance? The crypto market needs to pay attention to policy trends in the coming weeks.
