🚨 258,000 Jobs Just Disappeared — Powell’s “Strong Labor Market” Is a Lie 🧨

July's U.S. jobs report just obliterated the Fed’s narrative.

🧾 Here’s what dropped:

Nonfarm payrolls: Just 73,000 jobs added

Economists expected: 100K+

June revision: From 147K ➤ 14K 😵...

May revision: From 144K ➤ 19K

...

That’s 258,000 jobs ERASED — in two months.

Gone. Like they never existed. That’s an entire city wiped off the payroll map.

📈 Unemployment? Tick up to 4.2% — steady rise, not a fluke.

😬 Just two days ago, Powell said:

> “The labor market is still strong.”

Yeah… not anymore.

—

💣 Markets React FAST...

CME’s odds of a September rate cut jumped from 40% ➤ 75.5%..

2-year Treasury yield fell 15 bps to 3.80%...

10-year yield down 8 bps

Wall Street isn’t guessing — they’re betting big on a Fed pivot.

—

🔎 So what’s the takeaway?

We’re staring at 2 ugly truths:

1️⃣ The labor market is sliding into recession, quietly.

2️⃣ Or BLS data is so broken it missed a quarter million jobs.

Neither is bullish. One means pain, the other means chaos.

Either way — Powell just got exposed.

—

🔥 Bonus Drama: Trump Goes Off

As expected, Trump jumped in on Truth Social:

> “Too Little, Too Late. DROP THE RATE!”

“Tariffs are bringing Billions into the USA!”

—

👀 Final Thoughts: This jobs report isn’t just numbers — it’s a signal.

The Fed’s next move could shake crypto, stocks, and bonds all at once.

Stay sharp. This is the kind of moment where fortunes are made or lost.$BTC $ETH #FOMCMeeting $

#FedWatch #Powell #JobsReport #CryptoMarkets #InterestRates #Trump #Recession #MacroNews