Monday Market Must-Knows: August 29, 2022

Jackson Hole set the tone, and now…

 

Are we willing to let unemployment rise to get inflation under control?

 

We are expecting a rise in unemployment which can cause a decline in GDP as fewer people in the economy are spending.

 

Keep an eye on inflation rates with the employment data coming out this week as they could impact your trading.

• JOLTS Job Openings – Tuesday 10am ET

• ADP – Non-Farm Employment Change – Wednesday – 8:15am ET

• Unemployment Claims – Thursday 8:30am ET

• Unemployment Rate – Friday 8:30am ET

Regarding Central Banks, the next Federal Funds Futures’ meeting is on September 21st – so, anticipate interest rates increasing in the future.

 

As always, if you’re in the markets, make sure your trade plan is up to date!