Meyer, Gallo Preview the U.S. Sept. Jobs Report

The video discusses recent market data, including the revision of the whisper number and its implications. It analyzes nonfarm payrolls and hourly earnings, highlighting potential wage pressures and their impact on inflation. The discussion explores market bias, the Goldilocks economic scenario, and the risks associated with inflation and geopolitical factors. The potential for a steeper yield curve and stronger dollar is also considered, emphasizing the latent risks in the current economic environment.

What irrational behaviors are observed in the market according to the text?

In what ways could the Goldilocks scenario be disrupted?