‘Buy the Dip’ Strategy Loses Steam Amid Economic Weakness
Bond prices rose on bets that the federal reserve may be forced to cut rates in response to the weakest jobs data in over two decades. The private jobs reading sent shockwaves across wall street. Mega Caps led the sell-off in wall street stocks. Bitcoin reversed course to crash to test 100,000 dollar level again after a trump-driven pickup on Thursday.
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