Let's just get the macro set up. Uh Steve, if you don't mind, if we can kind of characterize what we saw in the jobs report. Obviously, an undershoot on job creation for last month as well as these severe downward revisions.Uh unemployment rate sort of leaks a little bit higher and it really did change the bond market's assessment of what's to come for the Fed. I think all that's right. And it also probably changing the Fed's assessment of what's to come for the Fed.We had Raphael Bastika on. He said, "Look ...

us. And we've got some breaking news. The July jobs report was released just moments ago and it shows that the United States added 73,000 jobs last month. That is less than the 100,000 that economists had expected. The unemployment rate saw a slight increase to 4.2%. The report also revealed job totals for June and May were revised much lower, down a combined 258,000 from the previous announced levels. That's significant. Joining us now, NBC News senior business analyst and host of the 11th hour, our friend ...

Jobs data tomorrow will be important.Could give us the reversal back above Monday Low and to the yellow line again, but we are basically gambling at that point.If new jobs surges, then the likelihood for a rate cut in september is slim to noneIf new jobs misses, then there is a higher chances for cuts.Watching that, but dont mind sitting flat till we get the data for the weekend.Easy (@EasyEatsBodega):The 2 Scenarios i see.As long as Yellow Line holds, we are going down the red path.Targeting 114,400 to 113 ...

FOMC no rate cut announcement was really the bottom for this ugly chop huh? ...

The market has officially lost its mojo. So, we're back to loving tech and just tech and not much else. That's how I feel after the Fed meeting today after it broke up with Fed Chief Jal explaining why policy is staying the same.There won't necessarily be a rate cut on the horizon. Not happening. Most of the market could benefit from a rate cut, but it would mean very little to companies like Microsoft or Meta.two hypers scaling members of the magnificent seven vertible nation states that shot the lights ou ...

Hi, Chair Pal. Thank you. Uh well, can you give us a little more about what kind of economic data does the Fed need to see before uh you'll be ready to cut.I mean, do you need inflation back nearly to target. Uh are there other things in the pricing that you look for. Do you need to see weakening in the job market.What kind of things are you are you looking for. I mean, ultimately, it's it could be any could be any of those things, right. But but you know if you saw that the risks to the two goals were movi ...

RT MartyParty (@martypartymusic)Dovish tone - FED REMOVES LANGUAGE SAYING UNCERTAINTY HAS DIMINISHED. Expect rate cute in next meeting or sooner.I predicted no rate change and possible emergency meeting before September 17th meeting which already shot up to 61% probability of a 25 bps cut.https://t.co/MHMUlTIYDQ ...

62% chance of 1 rate cut in September headed into Powell's presserLet's see how that holds up https://t.co/t4kWK0QgAT ...

All right, why don't we start with your word of the day. It's Smoresus board. What What are you seeing out there.Hey, listen. I could barely sleep last night. There's something for everyone this week.It's the biggest week of earnings and we've got everything across the board from an economic perspective. You've got growth data, you've got inflation data, you've got jobs reports, and by the way, Frank, we also have a Fed meeting today with a very exciting potentially uh postgame presser. So, big week board f ...

How I see FOMC playing out:- Base case:No cut. No raise. Everyone front-ran derisk today. Today’s lows (~3710 on ETH) are the weekly lows. Institutional bid keeps grinding up over next weeks. Abundance August.- Bull case:Rate cut. Would be extremely surprising. Risk on probably full sends bc signals Fed bending the knee (with more cuts likely in 2025). Hyperinflation. BTC to $600k- Bear case:Rate hike. Trump sends the military to the Fed to remove JPow. All markets descend into chaos.I’d say Base case is 99 ...