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Were the stock, crypto markets hoping for a weak jobs report?

Were the stock, crypto markets hoping for a weak jobs report?

00:00 Speaker A

First, we have to talk about the job numbers, non-farm payrolls. Breaking.

00:04 Speaker A

the US economy. They could have actually just stopped there.

00:09 Speaker A

Breaking, US economy adds 57,000 jobs in June, well below expectations of 114,000.

00:15 Speaker A

Uh-oh. The unemployment rate fell to 4.2% below expectations of 4.3%.

00:19 Speaker A

Wait, that that’s good.

00:21 Speaker A

Kind of some cross currency here.

00:22 Speaker A

May’s job number was also revised down by 43,000 jobs. The labor market remains in a volatile situation.

00:29 Speaker A

So now, uh we live in the upside down. if you’ve ever seen stranger things,…

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