U.S. Unemployment Rises Slightly — But That’s Bullish For Markets
Unemployment came in at 4.2%, exactly as forecasted…
But last month? It was 4.1%
Why that’s actually good:
Higher unemployment = less consumer spending → lower inflation
And lower inflation is exactly what the Fed needs to start cutting rates.
Next CPI data drops August 12 — if it’s soft, a September rate cut is on the table.
So don’t fear the dip — macro is lining up.
Long-term? We're still headed way higher.