US unemployment rate Oct increase
$Alphabet-A (GOOGL.US)$ $Amazon (AMZN.US)$ $Adobe (ADBE.US)$ $NIO Inc (NIO.US)$ $Microsoft (MSFT.US)$ $Apple (AAPL.US)$ $Paramount Global-B (PARA.US)$ $Tesla (TSLA.US)$ $Meta Platforms (META.US)$ $Salesforce (CRM.US)$ $Qualcomm (QCOM.US)$ $Futu Holdings Ltd (FUTU.US)$ $XPeng (XPEV.US)$ US unemployment rate Oct 3.7 increase compare to Sept 3.5, this will trigger another bearish market. pay attention for the Bull Traps!
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AkLi : What do you mean? The FED want unemployment. Its gonna be bullish today
Rahula14 OP : Haha
jemsationz : IIt's like score own goal lol. Want people to be unemployed.
AkLi : Paramount going up is a complete mystery tbh to me
b34r jemsationz : Inflation has historically had an inverse relationship with unemployment. This means that when inflation rises, unemployment drops. Higher unemployment, on the other hand, equates to lower inflation. When more people are working, they have the power to spend, which leads to an increase in demand.
27673619 : If you lose your job, you can't raise interest rates.
Rahula14 OP : Let’ see the CPI score next week, most likely will increase as well (mean higher inflation)!!!
木易君羊 : More people are working? The number is trending down. This year average is 400k monthly .
TakinProfits b34r : true!
MonkeyGee AkLi : who knows what the X they want. The only thing I C what they want is to collape the market! That is the Biden and Janet plan. They done it before.
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