Payrolls vs. Warsh: The Last Labor Print Before a Live FOMC
The tape closed Friday under Warsh's hawkish Jackson Hole hangover: S&P 500 at 7,711.76, the 10-year near 4.73%, VIX a sleepy 14.43. This is the last full week before Labor Day and the last labor print before a live September 15–16 FOMC. Payrolls Friday — and Broadcom Wednesday after the close — wil