Based on today's nonfarm payrolls and unemployment rate, a rate hike in December is almost 99% certain!
Never mind that nonfarm payrolls far exceeded expectations; the drop in the unemployment rate looks bad on its own. Only a meaningful rise in unemployment can open the door to rate cuts.
Good luck to those trying to catch the bottom. I’m maintaining my bearish outlook. #10月非农数据聚焦
Never mind that nonfarm payrolls far exceeded expectations; the drop in the unemployment rate looks bad on its own. Only a meaningful rise in unemployment can open the door to rate cuts.
Good luck to those trying to catch the bottom. I’m maintaining my bearish outlook. #10月非农数据聚焦














