Another jobs report, another round of revisions that prove things were worse than we thought. Only 22,000 jobs added and a higher unemployment rate, not a great sign. It seems like the only place hiring is still happening is healthcare. Time to go all in on bonds.
Viewing post by BetterLisa
What happens next:
- Fed issues a rate cut
- USD becomes even weaker
- Tariffs become even more pronounced due to the US value add becoming a smaller part of the price tag.
- Everything becomes even more expensive
- People stop being able to afford things, by which I mean anything and everything
New commissioner appointment inbound as well.
https://en.wikipedia.org/wiki/E.J._Antoni