The Rhyme: Jobs Report Cracks as Layoffs Spread & Its 2008 Echo
The first crack just showed. Payrolls turned negative, unemployment jumped, and markets shrugged — just like April 2008. Back then, the rally came before the real fall. The Fed cut, narratives held, and denial led. This isn’t panic — it’s the quiet window when smart money starts moving before the second print confirms what the first already said.
