🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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📅 Ends at 16:00, Sep 17 (UTC)
US Non-farm Payrolls (NFP) far below expectations, significant Favourable Information, this month the Fed's interest rate cut is like catching chickens in a coop, it’s almost certain, 100% rate cut, just waiting to see whether it's a 25 basis point cut or a 50 basis point cut.
But!!!
The unemployment rate has risen to its highest level since the pandemic, at 4.3%. Everyone is afraid that the entire market may face a recession, because once a recession occurs, interest rate cuts actually have little effect in the face of recession.
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