Economics

The US economy is much weaker than people "think", and once elections are over, a lot of the government numbers will start showing how bad the situation is.

In the meantime, October Jobs report:
Expected: 100,000
Actual: 12,000

🇧🇷🇺🇸-  Book: Making Things Think: https://holloway.com/mtt. Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph.

Functionally here on the Southcoast the recession as arrived for small businesses.

Talking with a few business owners who have experienced a slow down this fall which while expected, has been greater than anticipated.

🎩 first, but I like being part of this experiment that is the Farcaster network. 

agree, but that doesn't mean markets will go down ... could actually be the opposite (although they will probably be more volatile!)

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after all of the multi-hundred thousand downward revisions this year, wonder how bad it will actually be. wild they weren’t able to fake a higher number for this one

This will give the Fed a reason to cut interest rates again... they've literally been waiting for exactly this.