The US Bares Its Fangs against US Citizens

Labor Shock: US Adds 162K Jobs In August, 4-Sigma Beat And Above Highest Forecast In our jobs report preview we quoted JPM's Market Intel desk which said that today's August payrolls number will be a case of "good news is bad news", and sure enough futures are sliding  and yields surging after moments ago the BLS reported that in August, the US added a whopping 162K jobs, up from an upward revised 21K (July is no longer negative -23K), and the second highest monthly increase of 2026 (only March was higher)... ......

Buying May Not Beat Renting Until Retirement In Some Expensive Markets: Zillow Authored by Mary Prenon via The Epoch Times, For a typical U.S. household, it can take decades to save for a home and reach the point where buying becomes cheaper than renting, with the timeline stretching into retirement in some expensive markets, according to an Aug. 20 Zillow report. A "for sale" sign is posted in front of a home for sale in San Marino, Calif., on Sept. 6, 2023. Frederic J. Brown/AFP via Getty Images Zillow calculated the number of...

Market Warning Signs And The 'Perfect' Hedge Via Crescat Capital, We showed in prior letters that the US stock market has recently reached all-time high valuations across a variety of dimensions. Now, the market is flashing warning signals of a potential major market top based on a variety of divergent technical and cross-market indicators. We show four of these in this letter: New 52-week Highs vs. Lows Chart Normally, when a stock market index moves up and down, the underlying stocks reaching new 52-week highs minus those hitting new 52-week lows go up...