The non-farm employment report for July shows that
employment increased by only 73,000 jobs, far below the expected 147,000. However, more concerning is that employment figures were revised downward by 258,000 compared to the data from May and June.
Non-farm data, economic recession, pushing Powell to cut interest rates.
Even if it causes a significant drop in U.S. stocks, it is a price worth paying.
Otherwise, U.S. Treasury bonds won't hold, and the Trump administration won't hold either.
The expectation for an interest rate cut in September has greatly increased.
If you missed the chance to buy in, will you wait for a surge after the rate cut to jump in?