The recession will be placed on the shoulders of the next mandate 😆😆
Ashfaque Shafique
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🚨 BREAKING: "ZERO CHANCE OF RECESSION" – White House Advisor 🇺🇸📈 Kevin Hassett just made a bold call, signaling strong confidence in the U.S. economy from the Biden administration.
Here’s what it means for markets 👇
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📊 Key Highlights: 💼 Job Market Solid – Unemployment stays low, hiring stays strong. 🛒 Consumer Spending Up – Americans are still swiping, despite high rates. 🧊 Cooling Inflation – Prices are easing, and rate cuts may come soon.
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📈 Market Impact: 📈 Stocks may rally into earnings season. 🚀 Bitcoin & crypto could surge as risk-on sentiment builds. 📅 Fed cuts in September? Could fuel a crypto bull run into 2025.
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⚠️ But stay sharp: 🔁 “Zero chance” optimism can flip fast. 📉 Inflation spikes or weak job data = market reversal risk.
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💡 Bottom Line: Short-term bullish outlook for $ARB, $VIRTUAL, and broader crypto. 🧠 Stay informed. Stay flexible. The next move could be big.