Aug payrolls (print)
____K
Consensus ~+90K (Capital Economics). Trigger: ±40K miss.
Unemployment rate
__._%
July: 4.1% — but it fell on people leaving the labor force.
Revisions (Jul / Jun)
___ / ___
First drafts get rewritten — June ended at just +20K.
Known: July print
−23K
The shock this report answers. Consensus had been +83K.
Known: hike odds going in
56–59%
CME FedWatch after Warsh's Jackson Hole keynote (Aug 28).
Odds by 10am
__%
The coin flip: settled, or still in the air?