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created at
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polymarket.com geigercap.com
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title
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This week’s issue of the Oracle is written by Geiger Capital .The US is at a pivotal point in the economic cycle, as the Fed prepares to cut rates. Jerome Powell has conducted the fastest hiking cycle in US history and the impact is now beginning to show. So how fast will they cut? Will there be a recession? There are a few great markets on Polymarket that can help tell us what the economy has in store between now and the end of the year. Let’s dive in…Thanks for reading The Oracle by Polymarket! Subscribe for free to receive new posts and support my work.SubscribeFirst, let’s look at some key data to get a feel of where we are in the cycle. Yesterday, the Bureau of Labor Statistics reported that the job reports for the last year were revised down by 818,000! Absolutely insane. That means that the job totals added from April 2023 to March 2024 have been overstated by nearly a million. The labor market (and economy) is much weaker than the headline numbers originally indicated.Also publ...
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Polymarket
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1763511358
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