On US Labor Market, The Dollar In Asia & SMidCaps

The balance of risks in the US labor market is shifting, as Fed Chair Powell discussed at the Fed’s Jackson Hole Symposium last Friday. Today, Melissa breaks the labor market down into its moving parts, identifying the areas of strength and weakness with reference to Powell’s views. … Also: Don’t short-change the US dollar; its global supremacy is secure for solid reasons that William explains. …And: Joe discusses the wild ride that sent US stock market indexes plummeting and soaring so far this year and where it has deposited the major ones at this point in time.