Amazing jobs report today show the economy is strong job vacancies JOLTs report 10.8 million openings. The popcorn went cold today these people are more interested in digital currency than anything else. If it wasn’t for the feds balance sheet we would be in a bull market right now since they used it to inflate asset markets at the start of the pandemic raising rates is not going to fix this mess. We have rates more than 3 times higher than when we started and inflation has stalled out in reality the rates would have to go above 6.5 to break the economy to lower prices and make everybody broke so that companies have to lower prices in order to sell stuff. Anyway I’ll save all that for the weekend, for tomorrow 401 is looking good the pullback seems to be over for now the fear is being bought up.
As always trade what’s in front of you good luck
As always trade what’s in front of you good luck
