ilmscore | America’s Economy Just Broke (The Jobs Were Fake)

Predictions from this Video

Total: 3
Correct: 1
Incorrect: 2
Pending: 0
Prediction
Topic
Status
Bitcoin is being closely monitored; a Fed rate cut could weaken the dollar and boost Bitcoin, provided the economy remains stable.
"But I'm also watching Bitcoin closely. And if the Fed does cut rates, that could weaken the dollar and it could send risk assets like Bitcoin much higher, but only if the economy doesn't fall off a cliff."
BTC
Incorrect
There is a 90% probability that the Federal Reserve will begin lowering interest rates by at least 0.25%.
"And right now, it's predicting a 90% chance that the Fed will start to lower rates by at least a quarter of a basis point."
US Interest Rates
Correct
Given recent data revisions, there's skepticism about whether the 73,000 jobs added in July are an accurate figure, suggesting further downward revisions are possible.
"And after what we just learned, you kind of have to ask yourself, is 73,000 jobs actually 7,000 jobs later once it's revised?"
US Economy
Incorrect