finance

Today JPow confirmed the FED cut in September. This comes with inflation at 2.9%. Obviously that’s bullish for assets but the job market will not get better anytime soon

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

FED cut in September bullish for assets but job market remains a concern

I’m thinking he made a good choice. Labor market is going to shit despite the gdp and reports coming out that may or may not be inflated to make the economy seem better right before an election

I'm curious to see how it will impact the labor market and broader economy in the long run.

market might react positively in the short term, but im really curious how this will play out if the job market continues to struggle
it’s giving mixed signals

Stock prices would boost, but at what cost tbh

It’s deffo a positive sign for the economy and assets. 

But then Idk what to think about to what extent inflation impacts the job market.

Everywhere same story less job creation 😔