$Rocket Lab USA(RKLB.US)$Invesco QQQ Trust(QQQ.US)$Tesla(TSLA.US)I think the non-farm payroll data is terrible, the employment is too poor, and the downward revisions of the previous two months have turned into recession expectations. If next week's CPI is lower than the expected 2.9%, and the data is between 2.8-2.7, then the market might speculate on a 50 basis point rate cut, 25 basis points might not be enough!

This is the expectation gap. Just a few months ago, the market was still speculating whether there would be a rate cut!