Job market number is optimistic, but really?

PawsAndProfits
09-05

Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions.

Good morning readers. So the latest job number is optimistic, with more jobs created as compared to market estimates. However, if you do a deep dive, most of the jobs are generated by the private sector, casting a shadow of optimism and hope. As quoted in the first article, this is no hiring boom. 

So will this drum up the pressure for the fed to increase rates on top of accelerating inflation rates? Lets see how this plays out.[Bless]  

@PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.[666]  

Brent, WTI Both Top $100 — Can U.S. Stocks Hold Until CPI Cools?
Oil did the damage: Houthi forces took the Red Sea port of Mukha and moved on Bab-el-Mandeb, and Brent and WTI both cleared $100. QQQ −1.06%, SPY −0.60%, S&P −0.58%; among megacaps only Google rose, +0.61%, against Meta −1.42% and Tesla −1.16%. August PPI +0.4% MoM and 5.4% YoY beat 5.3% and accelerated from 4.7%, but core held at 0.2% and 4.6% — diesel alone jumped 24.1%. Markets briefly priced a full October hike. CPI lands 20:30 Beijing, consensus 0.4% headline, 0.2% core. Energy inflation rarely moves policy; $100 oil is a cost that stays. Trim tech first, or hedge with energy and gold?
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