Punk job growth in August perhaps adds more weight than anticipated to the odds of a broader economic stall-out.
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In-line pricing data was paired with what appeared to be another sign of labor-market softening.
Investors ask whether a 2% dip from a record high has been enough to skim away some market froth and set the rally on firmer…
Sectors of the market that had been celebrating easier Fed policy since Tuesday's mild CPI reading disgorged gains.
The other issue is how much of this anticipated friendly scenario has already been built into market prices.
This meltup-type action suggests risk-aversion is being penalized and expected rate cut(s) could end up being used recreationally…
Together, the data points buttress worries from some Federal Reserve policymakers that the coast is far from clear for the labor…
