So… #USNFPBlowout just shook the markets 👀
US added +130K jobs vs ~70K expected.
Unemployment dipped to 4.3%.
Not huge in absolute numbers — but WAY stronger than forecast. That’s why traders are calling it a “blowout.”
Markets reacted fast:
• Rate cut hopes? 👎 Pushed back
• 10Y yields? 📈 Jumped
• Gold? 📉 Pulled back
• USD? 💵 Strengthened
Now the real question…
Does this mean the US economy is stronger than people thought?
Or are revisions hiding a slower underlying trend?