August jobs report falls short: How Wall Street is reacting

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August jobs report falls short: How Wall Street is reacting
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The US economy added 142,000 jobs in August. It's an improvement from July, but it was below the 165,000 expected by economists. Yahoo Finance reporter Josh ...

The US added fewer jobs than expected in August in the latest sign of a cooling labour market with more on what Wall Street is making of the print.Reporter Who is the man himself, the myth and the legend.So I want to run through a little bit of what Wall Street is saying this morning, right?

And then you flip over to what Morgan Stanley said This is Seth Carpenter, their chief global economist.We retain our baseline view of 25 basis point cut from the Fed in September but await Fed speak in the next CP I.This report points to 50 bips in September, but it does open that door for a 50 basis point cut at some point as Matt, he was just referencing whether that's November or December and you get to a total of 100 basis points of cuts at some point this year.

And we know that Powell loves the anecdotal earnings data and things like that as a former Wall Street guy. Bridesmaid Can't Attend Best Friend's Wedding After She Changed the Date Last Minute — Now They're Fighting

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