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The initial claims for unemployment benefits have dropped to the lowest level in 11 months! The market is beginning to bet that the Federal Reserve will not cut interest rates in 2025.
Last week, the number of first-time jobless claims in the USA unexpectedly decreased, reaching the lowest level in 11 months.
Fed's Waller Sees More Rate Cuts in 2025 -- Barrons.com
December ADP US Private Payrolls Rise Less Than Expected Ahead of Friday's BLS Data
US Weekly Initial Jobless Claims Decline to 201K Vs. 218K Expected
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Wednesday Ahead of FOMC Meeting Minutes
US Morning News Call | Nvidia CEO's Remarks Trigger Pre-Market Plunge in Quantum Stocks
Gilley : I bought puts and closed them yesterday after the magic pump then only down