🇺🇸 The USA is facing labor market problems — the rate may fall as early as September

In May and June, the data on new jobs was revised — it turned out that there were actually 258 thousand fewer. This is a serious signal: the labor market is weakening.

📊 Over the last 3 months, the average job growth has been only 35 thousand. Previously, it was around 140 thousand — and that was considered the 'norm'. The Fed had recently stated that the situation was stable, but now it is clear: things are not so good.

🏦 Previously, everyone was worried about inflation. Now, it is about the fact that fewer people have jobs. This changes the Fed's plans — instead of fighting prices, they may have to support employment. Which means — lowering the rate.

📉 The bond market is already reacting: yields are falling.

💵 The dollar is losing ground.

🥇 Meanwhile, gold is getting more expensive again.

📰 Likely, by tomorrow the news will be talking about stagflation — when prices rise, and people cannot earn more. This is bad for the markets.

🗓️ A rate cut in September is becoming very real.

📌 A year ago, a similar situation already led to a 0.5% cut.

😄 Likely, Trump is very pleased with this right now — if he could, he would already be writing 'I told you so!'