Three Labor Reports in Four Days Set September Fed Odds
JOLTS at 10 a.m. today, ADP tomorrow after July’s weak 44,000, and Friday’s jobs number are the last data points before a 66% hike probability gets tested.
Top News
Long the Spread, Not the Barrel
Russia’s diesel export ban runs to Sept. 30. ULSD cracks stay the trade, and complex refiners are the cleaner expression.
What Long-Term Apple Holders Should Do Now
A $2,000 foldable iPhone, a split cycle, and memory costs change the math for AAPL investors heading into Sept. 9.
What Warsh Says Friday Changes the Rate Picture
A divided Fed, a hawkish dissent bloc, and a chairman who refuses to telegraph moves: here is what investors should be preparing for before he speaks.
Component Monopolists vs. Boom Renters: Who Keeps the Money
Nvidia’s $108B guide is a cost signal as much as a revenue one. The question is which suppliers can actually hold their prices.
Your T-Bill Ladder Has a New Ally
Bessent’s Treasury twist and the GENIUS Act are reshaping the short end. Here is what cash holders should know.
The September Countdown Is Already Priced Wrong
Freeport restarts this week, EU storage is below seasonal norms, and the Russian LNG cutoff clock is running. The TTF-to-Henry-Hub spread is the clearest trade in energy right now.
Walmart’s Worst Day in Four Years
A 9% drop on a revenue beat. The comp-sales miss is real, but the business beneath it is not what the market is pricing.
Nvidia Is Now a Power Broker
Three power-infrastructure bets in one month suggest a supply-chain strategy that many investors are treating as philanthropy.
Broadcom’s $100B Moment Is 11 Weeks Away
The custom silicon king reports September 2. Two engines are running. One number decides everything.