Oddbean new post about login | logout smart people saw the world today and bought btc scared people saw the world today and sold btc we are not the same
What happened today I've been doing other stuff? I still grabbed a few sats though.
Jobs report worse than expected. Last month jobs report revised down. Unemployment up more than 0.5% in the last 6 months (which has 100% track record of indicating the start of recessions). Big sell-off of stocks and buying of bonds to front run the fed rate cuts I also bought bitcoin
So the usual shit specs https://i.nostr.build/UxTpSwLYmD7WeCxa.gif
correct but on overdrive, fiat fire alarms going off everywhere https://i.nostr.build/Rj5yUGFzZ2NyWPBK.gif
