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Important news!
The United States announced the unemployment rate and non-farm data for August
Good for the market!
A 25 basis point rate cut is predicted for September!
On September 6,
The United States announced the unemployment rate and non-farm data for August
Unemployment rate: Previous value: 4.3% Forecast value: 4.2% Announced: 4.2%
Non-farm employment:
Previous value: 11.4 Forecast value: 16 Announced: 14.2
The data is better than expected,
It shows that the US economy is not that bad
The probability of a rate cut on September 18 is 25 basis points
A 25 basis point cut is good for the market,
The market does not need to worry about the US economy entering a depression and panic
Don’t worry about the current volatile market and hold on!
Just wait for the arrival of the bull market