晨光BTC
--
Is the market declining or building a bottom? — In-depth analysis of the market on August 2
1. Initial jobless claims hit a new high, and the capital market senses a 'turning point.'
Data released on August 1 shows that the number of initial jobless claims in the US has surged to 248,000, far exceeding market expectations of 235,000, reaching a new high since October of last year. Just a week ago, expectations were for strong employment and delayed interest rate cuts; now, the wind has changed, US Treasury yields are rapidly declining, and bets on Fed rate cuts are heating up again.
→ This is not a coincidence but a signal of macroeconomic 'dislocation.'
A loosening job market does not equal a full recession, but it is enough to trigger a re-pricing of the market regarding the 'turning point of economic momentum.'
Data released on August 1 shows that the number of initial jobless claims in the US has surged to 248,000, far exceeding market expectations of 235,000, reaching a new high since October of last year. Just a week ago, expectations were for strong employment and delayed interest rate cuts; now, the wind has changed, US Treasury yields are rapidly declining, and bets on Fed rate cuts are heating up again.
→ This is not a coincidence but a signal of macroeconomic 'dislocation.'
A loosening job market does not equal a full recession, but it is enough to trigger a re-pricing of the market regarding the 'turning point of economic momentum.'
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
20
0