Fed's fate drops Friday โ here's the setup
Markets reopen Tuesday after Labor Day. Last week's blowout jobs number (162K vs 55K est.) is still the story โ rate cut bets took a hit and that pressure carries into this week.
The big 3 to watch:
๐ฑ Wednesday โ Apple iPhone event. New product cycle. AAPL moves the whole market.
๐ Thursday โ PPI. First inflation read of the week. Hot = more Fed pressure.
๐ฅ Friday โ CPI. The one that matters most. September Fed meeting is Sept 16-17 โ this print either puts a cut back on the table or kills it for good.
Earnings on deck: GME Tue AH, CHWY Wed AH, ADBE & ORCL Thu AH, KR Fri AM.
Playbook: stay light until CPI Friday. The jobs report already showed this economy isn't cooling fast โ one more hot inflation print and the September cut is dead.