Disliked{quote} I also bearish on NQ, but something I don't understand is why JOLTS, that measure the number of opening jobs reported in the previous month can impact negatively the inquiries. The more we have jobs oppening, the more people are will consume/spend, the more businesses will increase their production, the more their profit will also increase,... Isn't that good for economy ? Please can you explain ? I must be missing something there.Ignored
If economy is good, FED has no reason to print free money or cut rates... But Investors and corporations love free money; hence for them FED won't react in June 100% sure, but even later (which is more important as market has already started digesting no rate cut in June).
So what leverage do Investors have to make pressure on the FED? Sell-off of equities.
Why do they need free money if economy is strong? Because they know the impacts of tariffs will be awful on US economy.
Hope it's clear.