The main reason is that the ๐บ๐ธ labor market is gradually weakening. The slow deterioration of the labor market is preferable than fast with respect to the statistics.
There's only one way for the Federal Funds Rate to go. It's favorable for the global financial environment.
I think the U.S. M2 will break the ATH(All Time High) next year. The Fed can't stop money printing. The more new industries are born, the more the liquidity is needed.
Upvoted! Thank you for supporting witness @jswit.
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