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#ADPJobsMissEstimates — BAHTREEN VIP
ADP Jobs Report falling below estimates is not just an economic miss, but an early signal of a market cycle shift—and this is where VIP money moves ahead of retail. ADP private payroll data often hints at the direction before Non-Farm Payrolls (NFP). This time,
#ADPJobsMissEstimates has clearly indicated that the US labor market, which has been quite overheated for some time, is now moving toward a controlled slowdown.
The better and deeper analysis is that the hiring slowdown is not an accident, but a result of policy. High interest rates, tight liq