Many people don't understand why non-farmers and unemployment rates are higher than expected.
$Nasdaq Composite Index(.IXIC.US$How do you interpret it? Quite simply, the better jobs in the United States, the hotter the economy, the stronger inflation expectations, which requires more aggressive interest rate hikes to curb the economy and inflation, which is bad for U. S. stocks. Then the dollar index is against US stocks. Well, today's higher-than-expected unemployment rate means that the US economy is weaker than expected, so interest rate hikes cannot be so violent, so US stocks rise and the US dollar index weakens.
However, from a month-on-month point of view, the new non-farm jobs continue to decline, which is the embodiment of the US economic recession. This kind of transaction logic is very outrageous. If the economy is good, you have to raise interest rates, so US stocks will fall; when the economy is bad, interest rate increases will slow down, and US stocks will rise. The rise and fall of the stock market is contrary to the fundamentals of the economy, so the logic of this rise is very outrageous and cannot be pursued.
However, from a month-on-month point of view, the new non-farm jobs continue to decline, which is the embodiment of the US economic recession. This kind of transaction logic is very outrageous. If the economy is good, you have to raise interest rates, so US stocks will fall; when the economy is bad, interest rate increases will slow down, and US stocks will rise. The rise and fall of the stock market is contrary to the fundamentals of the economy, so the logic of this rise is very outrageous and cannot be pursued.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Zackbaba : First crackdown, kill the unstable bears, then blow up and boast about raising interest rates to the end of the mid-term elections, etc., and interest rate increases are lagging behind, etc., and then pull up shipments.