#非农就业数据来袭

Non-farm = A psychological test for the market
Non-farm data is not actually a report from the statistics bureau, but a "collective psychological test" of the market. The numbers themselves are not that important; what matters is — how do you interpret them?
If employment exceeds expectations, the market might say "the economy is too hot, terrible"; if employment falls short of expectations, it can say "interest rate cuts are coming, fantastic." The same data leads to two conclusions, entirely depending on investor sentiment. It’s like reading horoscopes: Scorpio is told today "it's good for collaboration"; some see it as a promotion signal, while others feel it’s a sign of being manipulated by their boss.
Thus, the real meaning of non-farm data is not to predict the future, but to reflect the current market biases. Investors are not really looking at the data; they are looking in a mirror: the dollar is flexing its muscles in front of the mirror, gold is sighing in front of the mirror, and the stock market is putting on makeup in the mirror. The conclusion is simple: non-farm data is not the answer, but a projection of everyone’s emotions.