#NFPBeatsExpectations The latest Non-Farm Payrolls data came in stronger than expected.
At face value, strong employment signals economic resilience.
But in today’s macro environment, strength can be a double-edged sword.
A hotter NFP print may imply:
• The labor market remains tight
• Inflation pressure could persist
• Rate cuts may be delayed
• “Higher for longer” becomes more likely
And that changes liquidity expectations.
Stronger jobs data doesn’t automatically mean risk assets rally.
In many cases, it strengthens the dollar and lifts bond yields — putting pressure on equities and crypto