Date: 2023-08-04T18:27:18Z Creator: Bitfolio Academy
It’s been a rollercoaster week in the world of finance.
The Department of Labor unveils that a solid 187,000 jobs have been added to the mighty US economy last month. Yes, we were hoping for more, but progress is progress.
Fitch has thrown us a curve ball. They’ve taken the audacious step of downgrading US Treasury bonds from the gold-standard AAA to a slightly lesser AA Plus. Flashback to 2011, the last time that this happened, and our markets had a bit of a meltdown. However, the S&P 500 is still holding its own above 4500.
Let me know in the comments. 🤔
💰 Join My FREE Discord Group:
https://en.bitfolio.biz/discord
🚀 Connect With Me on Social Media!
►► ► My LINK TREE ◄◄◄
https://beacons.ai/bitfolio
👍 JOIN Bitfolio Academy Coaching Community: https://bitfolio.biz/member
🔥 FREE Cyptocurrency Course: https://bitfolio.biz/course
💻 Bitfolio Academy Blog: https://blog.bitfolio.academy
💵 Send me a Satoshi: https://getalby.com/p/bitfolio
⚡️[email protected]
Crypto Sherpa 🚀
Sharing lessons on crypto as I try to minimize risks and shorten time horizons 📈
Disclaimer: I am not a registered investment advisor. All data is provided for information purposes only. No investment decision shall be based on the information provided here and you are solely responsible for your own investment decisions.
#economy #trading #investing #money #finance #stockmarket