read.cash Log in
@BitcoinBaby

𝐂𝐫𝐲𝐩𝐭𝐨 π–πžπšπ­π‘πžπ« π…π¨π«πžπœπšπ¬π­ The US economy added 263,000 jobs in November, far exceeding the 200,000 consensus expectation. Worker morale was bolstered further by larger-than-anticipated monthly wage rises of 0.6%, bringing the annual rate of wage growth to 5.1%. Despite a second straight reduction in the number of persons who said they were employed (this time by 138,000), the unemployment rate stayed unchanged at 3.7%, according to a survey of households. Now why am I telling you this.....????? Because this means the FED will not turn down the rate hikes, this is the ammo they need to say: "Things are fine, letΒ΄s get the interest up and up and up. They will hit that 5% in Q1 of 2023 and if these numbers stay as positive, they will continue. Rate hikes = low interest in crypto. Hence, this bear market ainΒ΄t done yet! We need that recession to kick in before things get better. Keep grinding!

No comments yet

Log in to join in Reading is open to everyone. Replying needs an account.