For the past year, I've consistently stated that an unemployment rate of 4.5% is the doomsday line.
Whether it's the Labor Department falsifying data or the government shutdown, the unemployment rate has finally reached above that doomsday line.
Powell is suffering from PTSD due to the "temporary inflation" that began in 2021. He was too slow and hesitant to cut interest rates when necessary, and now the unemployment rate is rising while inflation hasn't subsided. The stagflation cloud is looming again.
Short-term crypto bigwigs will trade on three interest rate cuts in 2026.
Last night's bottom might be a temporary bottom. However, the next time the market starts speculating on stagflation and recession, new lows will be reached.
Japan is raising interest rates; by now, those who were going to leave have already done so.
Anyone still speculating on a major drop due to Japan's interest rate hike is just trying to scam retail investors.
Do you believe the economists on TikTok? Do you believe the traders who make money through YouTube?
Then you can continue being a retail investor.
The sell-off on Binance is targeting couples; someone is going to take BlackBerry's profits.