I was outside at night and just came back to take a closer look at the data. The biggest problem with the non farm payroll data released today is that it was revised downwards to an outrageous level in May and June. The number of new non farm employment in May decreased from 144000 to 19000; The number of new non farm employment in June was revised down from 147000 to 14000. A total of 258000 people were downgraded in May and June. If this is not data fraud, I really don't know what data fraud is. According to this logic of data output, there is basically no need to look at the monthly data again. There are always some people who cannot criticize the United States, and as long as they criticize, they call it conspiracy theory and politicization. But it is obvious that the US market itself no longer believes in this data, and the US stock market has plummeted across the board. Although Wall Street has strong control over the US stock market, I do not doubt that it can eventually be restored. But the current market reaction is disappointment with the data and a vote of no confidence. After the release of the 8:30 data, the rapid negative correlation between the gold and US Treasury dollar indices is the best reflection of market attitude. In this way, the external market environment will immediately deteriorate, and the difficulty and duration of repair will significantly increase. August has a poor start, and liquidity will soon exit on weekends. Let's see what happens next week.