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Bitcoin is sensitive to market liquidity, market uncertainty headwinds, says Fundstrat's Tom Lee
From youtube.com/cnbctelevision
Tom Lee, Fundstrat, joins 'Closing Bell Overtime' to talk Bitcoin prices bouncing back.
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Private sector employment increased by 42,000 jobs in October and pay was up 4.5 percent year-over-year according to the October ADP National Employment ReportŪ produced by ADP Research in collaboration with the Stanford Digital Economy Lab ("Stanford Lab"). The ADP National Employment Report is an independent measure of the labor market based on the ...
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Bitcoin prices slipped below $100,000 for the first time since June this week, capping a string of declines that dragged the world's largest crypto into a bear market. After a big shakeout in any market, it's natural to think: what's next? Prices regained some momentum on Wednesday, slowly inching into the green after Tuesday's big rout. Luckily, despite ...
<=USD>:*FED'S GOOLSBEE: INDICATORS SHOW A LOT OF LABOR MARKET STABILITY *GOOLSBEE: I STILL THINK THERE IS MILD COOLING IN LABOR MARKET FED'S GOOLSBEE: MOST OF LABOR MARKET INDICATORS SHOW STABILITY IN MARKET -- CNBC INTERVIEW SHOULD BE CAREFUL TAKING PAYROLL JOB NUMBER DROP AS AN INDICATOR OF JOB MARKET MILD COOLING IN LABOR MARKET UNEMPLOYMENT RATE BASICALLY UNCHANGED A LITTLE DOWNSIDE RISK TO LABOR
FED'S GOOLSBEE: I MAYBE RELUCTANT TO CONTINUE THE RATE CUTTING CYCLE. GOOLSBEE: VERY LITTLE PRIVATE SECTOR INFORMATION ABOUT INFLATION, WILL SOME TIME BEFORE WE SEE ANY PROBLEMS MAKES ME MORE UNEASY WITH FRONTLOADING RATE CUTS CAN'T COUNT ON INFLATION BEING TRANSITORY CONSUMER SPENDING STRONG, GROWTH IS STRONG GOOLSBEE: FOR DATA TO GO DARK RIGHT AT THE MOMENT WE SAW SERVICES INFLATION RISING IS UNCOMFORTABLE NOT HAWKISH ON RATES SETTLING POINT FOR RATES WILL BE FAIR BELOW WHERE IT IS TODAY