Not Your Advisor
Not Your Advisor
Low Quality Bounce 🎧 #319 (Nov 1)
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Low Quality Bounce 🎧 #319 (Nov 1)

$SPY $QQQ $IWM $ES_F $VIX $AAPL $AMZN $META $MSFT $NVDA $TSLA $TLT $TBT $BTC $DJT $GLD $SLV $GDX #THEFED
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U.S. economy added 12,000 jobs in October, far less than expected; unemployment rate at 4.1%

Nonfarm payrolls were expected to increase by 100,000 in October, according to the Dow Jones consensus estimate.

——

If you believe this data. Or it is really 24%…

Using data compiled by the federal government’s Bureau of Labor Statistics, the True Rate of Unemployment tracks the percentage of the U.S. labor force that does not have a full-time job (35+ hours a week) but wants one, has no job, or does not earn a living wage, conservatively pegged at $25,000 annually before taxes.

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Not Your Advisor
Not Your Advisor
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