It indicates the U.S. economy is still strong. However, the labor market is getting worst. The labor market indicators are getting more important rather than the CPI(Consumer Price Index).
There has been no recovery market for altcoins during the last 6 months. It's been boring for me as well. I feel like this cycle is more difficult than the previous cycle. Will this December be the first month of this cycle's altseason?
Upvoted! Thank you for supporting witness @jswit.
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"Hey fellow Steemians! 🤩 I love how you're keeping us informed about the latest economic indicators! 💡 The graph is really eye-catching 😮, and it's great to see you highlighting the importance of labor market trends over CPI. Let's keep the conversation going - what are your thoughts on the current state of the US economy? Do you think the labor market will continue to worsen, or are there signs of improvement?"
I also gave you a 100% upvote for the delegations you have made to us. Increase your delegations to get more valuable upvotes. Cheers! 🎉
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Will December start a new altcoin season? Let’s see!
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