Lousy Jobs Data Sent Market Soaring, Bad News is Good News

Yesterday's JOLTs report showed a significant decline in the number of job openings in the United States. In a free and fair market, this bad directional indicator of the health of the economy would have sent stocks sharply lower. But we don't have a free and fair market. We have a Fed market and the weak jobs data has traders betting that the Fed is now done with rate hikes.

Join me in Las Vegas for the Silver Symposium from Sept 29-Oct 1! Use this affiliate link to get 10% off your tickets:
https://www.eventbrite.com/e/2023-stockpulse-silver-symposium-tickets-635415213007?discount=NobodySpecialFinance

Support the Channel on Patreon: https://www.patreon.com/NobodySpecialFinance
Support the Channel by Buying Me a Coffee
https://www.buymeacoffee.com/nobodyspecial
Support the Channel with Melon Merch by TeeSpring:
https://nobody-special-finance.creator-spring.com/

Join My Discord for More Discussion, Q&A, and News: https://discord.gg/njvf3DPPrF

Affiliate Links:

Use this link to get $10 in free Bitcoin with Swan: https://www.swanbitcoin.com/NobodySpecial/

Save $50 Crypto Tax Preparation with Pro Bitcoin Solutions: https://probitcoinsolutions.com/NSF

Recommended reading (Amazon Affiliate links):
Rich Dad Poor Dad by Robert Kiyosaki: https://amzn.to/3rJvA7Y
Atomic Habits by James Clear: https://amzn.to/423Odoy
Why We Need The Fed (blank gag book) by Joe Brown: https://amzn.to/403amBS

Follow me on Twitter: https://twitter.com/JG_Nuke
Follow me on Gettr: https://gettr.com/user/nobody_special_
Follow me on Gab: https://gab.com/NobodySpecialFinance
Follow me on Reddit: https://www.reddit.com/user/JG-NUKE

#Jobs #recession #EndTheFed