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2024-08-05 13:58:34

SimplifiedPrivacy.com on Nostr: Fast Recap: Bitcoin down 15.74% - 51,593 Nasdaq down 3.33% S&P500 down 3.66% Japan's ...

Fast Recap:

Bitcoin down 15.74% - 51,593

Nasdaq down 3.33%

S&P500 down 3.66%

Japan's Nikkei 225 down over 12% in its biggest-ever daily loss

Monero down 5.71% - $144.53

US jobs report was weak on friday:
The US economy added just 114,000 jobs in July, the Bureau of Labor Statistics reported Friday.
Economists had been expecting slower monthly growth, with around 175,000 jobs added and an unemployment rate that remains at 4.1%

Mainstream Propaganda Outlets:
Fed waited to too long to cut rates

Alternative Media:
Bubble is collapsing, the Fed will never be able to maintain normal rates again.

What's Nostr think,
Buy the Dip today, or wait?
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