Futures
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TradFi
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Launch
CandyDrop
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Futures Points
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Soft landing narrative got crushed
U.S. lost 92,000 jobs in February
Unemployment jumped to 4.4%
But wages still rose 0.4%
Stocks are already reacting
Dow -1.2%
S&P 500 -1.19%
Nasdaq -1.57%
Jobs are disappearing, prices are still rising, oil is at $87
This is exact stagflation scenario the Fed feared
Bad news for the economy
Bad news for the market
Bad news for the Fed