November's labor numbers just dropped—and they're not pretty. The U.S. shed 32,000 jobs last month, according to fresh employment data. That's a surprise contraction that could shift Fed rate expectations and ripple through risk assets. Markets are digesting what this means for the soft-landing narrative.

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GateUser-cff9c776

· 10h ago

32,000 jobs are gone just like that. This soft landing narrative probably needs to be reinterpreted. From the supply and demand curve perspective, the market now resembles Schrödinger's bull market—both crashing and not crashing at the same time.

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GateUser-a180694b

· 12-03 19:54

Damn, the wave of layoffs is really here. The soft landing is gone for sure.

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MaticHoleFiller

· 12-03 19:54

Hey, this wave of 32k job losses can really turn the narrative around. Is the soft landing dream shattered?

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BrokenDAO

· 12-03 19:49

As soon as the unemployment data is released, the "soft landing" narrative starts to unravel. To put it bluntly, this system has never truly balanced the market and employment—one side always has to be sacrificed each time, and the idea of a game-theoretic equilibrium is nothing but an illusion.

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gas_guzzler

· 12-03 19:34

32k layoffs? The Fed is about to pivot, guys. The soft landing narrative needs to be rewritten now.

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SigmaValidator

· 12-03 19:34

Here we go again. Every time the data doesn't look good, they talk about the soft landing narrative. And what happens? The Fed still has to keep cutting rates, right?

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liquidation_surfer

· 12-03 19:33

Hmm... another round of layoffs. The Fed is probably going to cut rates this time. Our short positions are finally saved.

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ForkPrince

· 12-03 19:31

Another round of layoffs? The Fed is still stubbornly refusing to admit the truth, huh? So much for the soft landing dream...

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