Early Edition: September Jobs Numbers Preview

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Our View

I was right about seeing more headlines, and guess what? There are going to be more and more! This rip/dip/algo blip price action is rough stuff. While courageous traders may want to buy the dips right now, I think there is a lot of risk, with the main one being Israel preparing to counterattack Iran. Iran has responded by saying it would start a regional war.

Look, I want to say something—things are changing more than we know. I remember when COVID-19 broke out, I bought a big freezer, stuck it in the garage, went to Costco, and loaded it up. But we don’t have to worry about that now because the port strike has been put off until January 15th. But that just puts off one problem among many.