Jobs data, is not looking good.
25 bip rate cut is locked for September and another one before end of year
However, it will probably have little impact on jobs or mortgages.
Business owners are obsessed with austerity and efficiency right now, and they’ve soured to hiring.

Wow.
AUGUST JOBS:
+22K vs 75K exp.
JUNE revised down: +14K ➡️ -13K (-27k)
JULY revised up: +73K ➡️ 79K (+6k)
Powell may actually be “Too Late”

Geiger Capital

Twitter

Altcoins targeted by crypto whales suddenly came into focus after the Fed cut interest rates by 25 basis points. The move was not a surprise and further easing measures are expected to be ...

3 Altcoins Crypto Whales Are Buying After the Fed's Rate Cut Decision

DeFi returns to its golden age, TVL reaches 170 billion USD. Photo: CryptoSlate
After three years of rebuilding following Terra's historic crash, the decentralized finance (DeFi) sector has officially recovered to pre-market Capital levels.

DeFi returns to its golden age, TVL reaches 170 billion USD

Kalshi surpassed the $1 billion Volume mark in just the first half of September, capturing 62.2% of global prediction markets, up sharply from 3.1% in the same period last year.
Leaving Polymarket far behind, Kalshi surpasses the $1 billion Volume mark...