Meeting

Last night's data showed that the U.S. economy has contracted for the first time in three years, even the job market can't hold up, and the market is beginning to hear the eerily familiar term "stagflation".

Simply put:
Currently, prices continue to soar, but jobs are becoming increasingly hard to find, and the economy is still on a downward trend. This is scarier than the word "inflation" because there is no longer even the opportunity to "raise wages to keep up with prices".

Last night, U.S. stocks were trembling, and the crypto market was crashing, but I wonder if all of this might force the Federal Reserve to cut interest rates earlier.

That's right, it's that time again when everyone starts guessing when the Fed will begin to cut rates. The market fears a recession, the Fed fears unemployment, and as soon as they start cutting rates, funds will begin to flow back into risk assets. Bitcoin is usually the first beneficiary.

So, some may ask what to do now? 😂😂 It's not a question of whether or not to buy the dip, but whether you have the courage to position yourself well at the most pessimistic time.

#Btc #crypto #比特币 #降息预期