Looks like the financial markets aren’t happy about the latest jobs report. The strong hiring numbers have taken some wind out of the sails of investors as it is evidence that the fed may still have some room left to tighten monetary policy, which will strengthen the dollar and send equity values downward. Amazing how good news is bad news in this new post 9/11 economy.
There is no doubt in my mind we get at least 2 rate hikes of 0.25%
Before fed pivots.
For your info
Next hike is in around 3 weeks July 25-26 which falls on my late mom's 94th birthday
July 25-26 +0.25
Sept 19-20 +0.25
Oct/Nov 31-1 pivot move
Dec. 12-13 back the pivot up
We get that and BTC will whale in the fall.