๐จ LABOR DATA JUST SHIFTED THE TONE
U.S. Initial Jobless Claims printed 229K, slipping below last weekโs 232K. That quiet drop matters. Fewer layoffs = a labor market thatโs still holding its ground.
For markets, this reinforces the โsoft-landingโ narrative.
โข Stocks get a confidence boost
โข Dollar stays firm on economic resilience
โข Crypto watches closely as risk appetite steadies
Strong jobs = less panic, but also keeps the Fed cautious. Volatility isnโt gone โ itโs just changing shape.
Eyes on how risk reacts next ๐
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