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US equities slip after job openings disappointment
The release shows that job openings continued to drop, while quits also declined. Hiring and firing rates were mostly unchanged. Layoffs, however, were on the rise.
February jobs report shows fewer jobs and layoffs on the rise, with DOGE federal layoffs likely not yet reflected
The release shows that job openings continued to drop, while quits also declined. Hiring and firing rates were mostly unchanged. Layoffs, however, were on the rise.
โ ๏ธ Fridayโs March employment report will give markets, and central bankers, a better look at current labor market conditions. If inflation continues to inch higher and the employment situation deteriorates further, the current pause may not last much longer.
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#BTC Dominance Crossing 63 ๐ฅ
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If the Trump tax cuts expireโlike Senate Democrats wantโour entire economy, including the crypto market, could take a massive hit:
A weak economy means a weaker crypto market.
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#EOS 20% Up Since I Predicted ๐ช
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PRESIDENT TRUMP ANNOUNCED A 25% TARIFF ON ALL FOREIGN-MADE VEHICLES, EFFECTIVE MIDNIGHT, CITING UNFAIR TRADE IMBALANCES THAT HAVE HARMED US INDUSTRIES. - SOURCES
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HE POINTED OUT THAT OVER 80% OF SOUTH KOREAN CARS ARE SOLD DOMESTICALLY, WHILE OVER 90% OF JAPANESE CARS ARE MADE AND SOLD IN JAPAN, LEAVING US AUTOMAKERS AT A DISADVANTAGE IN GLOBAL MARKETS. - SOURCES
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TRUMP JUSTIFIED THE MOVE BY STATING THAT COMPANIES LIKE FORD STRUGGLE TO COMPETE INTERNATIONALLY, AND TOUGHER TRADE MEASURES ARE NECESSARY TO PROTECT AMERICAN MANUFACTURERS. - SOURCES
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#BTC Enjoying the Liberation Day Rollercoaster so far. ๐ข
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Trump: โThey do it to us, we do it to them.โ
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With tariffs now in play, #BTC is holding a critical range between $86,900 and $84,800. Whichever side breaks first on the hourly chart will likely define the next big move โ
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