XJO - Bear Posts only (Factors which might cause the markets to fall), page-17605

I stole this off of twitter/X for you, they cover it well:

"As one market veteran pointed out to us this morning, "either The Fed is a bunch of idiots, or this data is total bullshit." Fact of the matter is, Powell even admitted - after bringing up the massive revision to the payrolls data - that it is more likely the latter (bullshit data) than the former (idiots); though we suspect it's a bit of both (blending with some political pressure)."

Either way seems like the Fed and Powell agree with you - "fudged"? Hint - election coming?

P.S. This is in response to them cutting 50 basis points yesterday. Good luck.