Tech stocks led the decline, with after missing delivery goals in the fourth quarter while Apple slid 4% on reports of weakening demand, bringing its market cap below $2 trillion intraday for the first time since May. The last time Apple closed below $2 trillion was June 2021.
Early Tuesday, S&P Global's US purchasing managers index for manufacturing fell below forecasts and indicated the steepest contraction in activity since May 2020. The November Job Openings and Labor Turnover Survey on Wednesday and the December payroll report on Friday will offer some guidance on the Fed's next policy move, as Chairman Jerome Powell has cited a tight labor market as one of the reasons why rates must remain restrictive.
Btc was made due to the 2008 recession, it was made to be an option the central banks manipulated currencies (variable rate and infinite printing) causing recession. BTC being so low when the dollar starts to lose strength is the biggest opportunity to save yourself from it
This is not POTUS’s fault. I blame “Dr.” Jill Biden for blatant elder abuse of one ailing from dementia, the person behind the scenes calling the shots creating legislation, and most importantly the millions of Americans that cared more about mean tweets rather than the laptop.
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