🚨 MARKETS DUMPED HARD — HERE’S WHY 🚨
Trump just fired the person who gave him the ammo he needed to pressure Powell into cutting rates.
Yep. You read that right. Let’s break it down 👇
1. Brutal Jobs Data (aka Rate Cut Gold)
📉 Only 73K jobs added (expected: 100K+)
📉 May & June revised down by 258K
📉 Markets nuked. Dollar dumped.
Perfect setup for a September rate cut... right?
2. Trump’s Move?
🔥 Calls the numbers “fake”
🔥 Fires the BLS Commissioner
🔥 Says Powell should be “put out to pasture”
Bro... the data HELPS your case. Why sabotage it?
3. The Fallout
🎯 Rate cut odds jumped from 40% → 80%+
🎯 Some analysts now calling for a 50bps cut
🎯 Fed under insane pressure — from weak data, political chaos, and confused markets
4. Bigger Picture?
🔺 Statistical independence is under threat
🔺 Trust in labor data shaken
🔺 Fed stuck in a no-win situation
🔺 Markets trying to price in both policy and politics
We’re officially in economic Twilight Zone 🌀
The question isn’t just “Will Powell cut?”
It’s “Can we even trust the data anymore?”
What’s your take — systemic crack or just noise?
Drop your thoughts below 👇
#MarketDump #ProjectCrypto #TrumpTariffs #WhiteHouseDigitalAssetReport #Write2Earn