S＆P500
I stare at the daily chart, envisioning the scenarios that might unfold.
Weaker-than-expected U.S. jobs data: Nonfarm payrolls rose by only 73,000—well below the 100,000 forecast—while the unemployment rate increased to 4.2%.
Concerns over data credibility: President Trump claimed the figures were manipulated and fired the Bureau of Labor Statistics chief, fueling market anxiety and accelerating dollar selling.
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The picture is slowly coming into focus.