US Job Openings Tumble in July as Hiring Stalls—What It Means for Your Portfolio
Job market cracks are showing—and Wall Street isn’t blinking.
Numbers Don’t Lie
US job openings fell sharply in July while hiring remained sluggish. No surprise there—the Fed’s rate crusade is finally biting. Companies are pulling back, workers are hesitating, and the ‘soft landing’ narrative feels shakier by the day.
Finance’s Selective Amnesia
Markets shrugged it off, of course. Because when has bad news ever stopped a rally fueled by hopium and cheap leverage? Traders are already pricing in rate cuts like they’re buying discount NFTs at the top.
Wake-Up Call
Don’t get comfortable. When hiring stalls, spending follows. And when spending dips, earnings get hit. It’s not doom—it’s math. Time to hedge.