Fast Recap:
Bitcoin down 15.74% - 51,593
Nasdaq down 3.33%
S&P500 down 3.66%
Japan's Nikkei 225 down over 12% in its biggest-ever daily loss
Monero down 5.71% - $144.53
US jobs report was weak on friday:
The US economy added just 114,000 jobs in July, the Bureau of Labor Statistics reported Friday.
Economists had been expecting slower monthly growth, with around 175,000 jobs added and an unemployment rate that remains at 4.1%
Mainstream Propaganda Outlets:
Fed waited to too long to cut rates
Alternative Media:
Bubble is collapsing, the Fed will never be able to maintain normal rates again.
What's Nostr think,
Buy the Dip today, or wait?
SimplifiedPrivacy.com
npub14s…jt5d6
2024-08-05 13:58:34
Author Public Key
npub14slk4lshtylkrqg9z0dvng09gn58h88frvnax7uga3v0h25szj4qzjt5d6Published at
2024-08-05 13:58:34Event JSON
{
"id": "e60d988eebdaf0ed9b8f5f5047e78ba44910e4c038105d1e0764b4a63103efcc",
"pubkey": "ac3f6afe17593f61810513dac9a1e544e87b9ce91b27d37b88ec58fbaa9014aa",
"created_at": 1722866314,
"kind": 1,
"tags": [],
"content": "Fast Recap:\n\nBitcoin down 15.74% - 51,593\n\nNasdaq down 3.33%\n\nS\u0026P500 down 3.66%\n\nJapan's Nikkei 225 down over 12% in its biggest-ever daily loss\n\nMonero down 5.71% - $144.53\n\nUS jobs report was weak on friday:\nThe US economy added just 114,000 jobs in July, the Bureau of Labor Statistics reported Friday.\nEconomists had been expecting slower monthly growth, with around 175,000 jobs added and an unemployment rate that remains at 4.1%\n\nMainstream Propaganda Outlets:\nFed waited to too long to cut rates\n\nAlternative Media:\nBubble is collapsing, the Fed will never be able to maintain normal rates again.\n\nWhat's Nostr think,\nBuy the Dip today, or wait?\n",
"sig": "61a3c1f9a70acee78f11ff78213bc756fa8e596bc4a6907a7202971a6c776c46730c8c1c59d4a75f83add4e607481b1006232fcc683381be7eb160309a56cb49"
}