The result is 231k. It's higher than expected. In the recent months, the Initial Jobless Claims have been increased. But, it's not much figures with respect to the absolute value.
The next announcement date of the 🇺🇸 unemployment rate is not scheduled yet. If the unemployment rate is higher than 4.0%, the FED would be able to take into account the federal funds rate cut. You know what, market participants anticipate that they will cut the rate May next year. However, I think it will be soon than expected.
A few of analysts stated that the Goldilocks which doesn't suffer recessions will be coming next year. Well, it's a bare possibility of the scenario. So, that's the reason why I've been preparing to increase my cash ratio from my investment portfolio. Crises can't be expected and it comes out all of a sudden.
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