The April employment report, released the night before, fell short of market expectations. The stock market, especially Bitcoin, rose a lot. Bad is good. The worse the employment indicators, the better the stock market. More employment encourages office workers to boost consumption with pay, and consumption leads to inflation. On the contrary, the Fed, which is concerned about inflation, has to do poorly to cut interest rates.
As employment has decreased, there is a possibility that the CPI, the consumer price index, which will be announced on the 15th, will also fall. If these indicators are provided, the first rate cut will likely be made in July. June is possible at the earliest, but Powell will want to take another look at the data. This is also a temporary shift in trend, and we need to beat the stone. It will be important whether employment indicators released before the FOMC in June are continuously removed.
If the proposition “Bad is good” is to be true in other words, it’s “Not good is bad.” The proposition should be true, but in reality, it reminds us of horizontal guarantees. In reverse, “Good is bad” is correct. All that’s left is that the market is already pre-empting, seeing the good news as the disappearance of materials.
It’s not too late to see and check that Bitcoin has a large volume of 65K, and then enter when pressing it. Please watch it slowly. There are many opportunities to buy. Why don’t you invest in the market and your inner breath rather than rushing to catch up with it going up? Inhale and exhale… Inhale and exhale again.
The weather is moderately warm, so there’s never been a more perfect day to exercise along the fabric at night. I run a lot these days and do 200 push-ups a day, going up and down the stairs of the company’s 7th floor. It’s good for your body and mind to work hard when you’re focused and do nothing when you need to rest. I hope you can go anywhere for a long holiday.
Since the Korean stock market is closed on Monday, it will be able to reflect only a little bit of the U.S. stock market’s rise on Tuesday. It would be a pity for those who invest in the bureau. Still, it is a virtue not to admit your feelings and stick to them when you feel sorry.