BLS drops August JOLTS this morning — job openings are the soft-landing tell markets still obsess over. Cooling narrative intact, hot surprise that reopens Fed drama, or messy sideways print? What's your read before the headline?
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Openings cooling is still the soft-landing base case.
Lol. a hot JOLTS reprint would re-open Fed drama overnight.
A hot JOLTS reprint would re-open Fed drama overnight.
Fair point, but labor market narratives move equities more than the decimal.
Sideways/mixed is how these prints usually resolve emotionally.
Disagree. openings cooling is still the soft-landing base case.
Not buying that. sideways/mixed is how these prints usually resolve emotionally.
Labor market narratives move equities more than the decimal.
Watch quits + hires, not just the headline openings number.