The Market Screener

August's jobs report delivered a whisper of weakness: just 22,000 new payrolls, rising unemployment, and downward revisions that suggest a labor market losing steam. Yet in the alchemy of Wall Street, what looks like softening for workers is transmuted into relief for investors, who see in the slowdown not danger but the near certainty of cheaper money.Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

The U.S. economy is waiting for a number. Not a particularly elegant number, but one that Wall Street treats with ritual gravity: the monthly payrolls report. On Friday morning, it will tell investors how many Americans were hired last month. Ahead of it, other signposts crowd the calendar: the private ADP tally, the weekly jobless claims, each promising a clue to the state of the labor market. These releases matter not only for what they reveal about employment but for how they might shape the Federal Reserve's hand.Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

Markets cheered Google's courtroom reprieve, but investors should not mistake a temporary surge in Alphabet's stock for a settled antitrust landscape. The real test for Wall Street lies not in legal skirmishes but in the coming labor data, which will determine whether Jerome Powell leans dovish or hawkish at the Fed's September meeting. With bond yields climbing on both sides of the Atlantic and September's reputation as stocks' cruelest month looming, the mood is less triumph than wary vigilance.Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

September has always had a bad reputation in markets. Traders emerge from their beach houses and mountain cabins only to discover that the mood has shifted: summer's warmth does not extend to equities. Since 2000, the S&P 500 has lost, on average, 1.5% during this month. Like clockwork, the season of pumpkin spice seems to coincide with a certain queasiness about corporate earnings and Federal Reserve policy.Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

The Federal Reserve is once again walking a tightrope: move too slowly in cutting rates and the economy risks stalling, move too quickly and inflation could flare back up. This week, that delicate balance feels even more precarious. All eyes turned to the release of the Personal Consumption Expenditures index—the Fed's preferred inflation gauge—published this morning. The result? No surprises, but plenty of anticipation about what comes next.Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

Markets have an uncanny way of revealing the contradictions that lie at the heart of geopolitics. Nowhere is that tension more obvious than in the fate of Nvidia, the Silicon Valley powerhouse that has become Wall Street's proxy for artificial intelligence itself. On Thursday, the company's shares slipped in premarket trading, a modest decline that nonetheless sent a chill through the technology complex. The reason? China. Or, more precisely, the inability of a trillion-dollar firm to map its commercial destiny against the backdrop of a deteriorating Sino-American relationship.Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

Wall Street isn't always moved by breaking news. More often, it's the anticipation that sets the mood, with investors spending hours waiting for a data point or earnings release that could nudge portfolios one way or another. Today, that pause revolves around Nvidia. The chipmaker, whose processors run everything from gaming rigs to artificial-intelligence systems, reports earnings after the bell. What would normally be a quarterly update now feels like a test of how much longer the tech rally can run.Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

In the United States, presidents have often bristled at the Federal Reserve. Richard Nixon leaned on Arthur Burns to keep money flowing ahead of his reelection. Lyndon Johnson dragged William McChesney Martin to his Texas ranch to browbeat him over interest rates. But Donald Trump's latest move - firing Federal Reserve Governor Lisa Cook - crosses into unfamiliar territory...Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

Jerome Powell does not speak in headlines, yet markets have learned to treat his every phrase as prophecy. Last Friday, the Federal Reserve Chair offered a measured suggestion: that an interest-rate cut could be under consideration when policymakers gather again in September. The language was cautious, hedged with qualifications, but it was enough to set off a burst of enthusiasm. The Dow closed at a record high for the first time since last December, brokerages rushed to raise their year-end targets for the S&P 500, and traders convinced themselves that the era of tight money might soon be winding down.Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

Every August, the financial world turns its gaze toward a small resort town in Wyoming. The Jackson Hole Symposium, hosted by the Federal Reserve Bank of Kansas City, is not Davos, not an IMF summit, not even a congressional hearing. Yet in the imaginations of traders and economists, it looms larger than all of them. For forty-odd years, central bankers have used the mountain backdrop to test their rhetorical range: are they hawks, doves, or something in between?Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

Tech stocks faltered this week as Wall Street entered its seasonally turbulent late summer, with Nvidia, AMD, Palantir and Meta leading the slide. Investors are now watching the Federal Reserve's Jackson Hole symposium for clues on interest-rate policy, while futures markets signal growing unease. Retail earnings added to the mixed picture, with Walmart's upbeat forecast offset by declines at Target and Coty, underscoring a consumer that is cautious but still spending.Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

I've already written, more than once this week, about the American consumer—perhaps too often for the patience of my readers. But there is no escaping the theme. It's the thread running through Wall Street's gyrations, the Federal Reserve's hesitations, and even the geopolitical intrigues in Europe. Whether buying lipstick, lumber, or a high-definition graphics card, the consumer remains the linchpin of this entire drama. And right now, the mood is ambivalent, bordering on weary.Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

Home Depot's disappointing quarter has cast a long shadow over the market's late-summer mood. The retailer, often a proxy for the state of the American consumer, reported weaker sales as homeowners pulled back on big renovations in favor of smaller, cheaper fixes. Shares slipped in early trading, and rival Lowe's, set to report tomorrow, fell in sympathy. For investors, the message is clear: household caution is creeping in.Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

The American consumer remains the central question of the economy. This week, earnings from Walmart, Home Depot, and Target will provide a clearer sense of how households are managing higher prices and uncertainty about trade. These companies are more than retailers, they are barometers of daily life, recording in their ledgers the choices of families confronted with inflation that is stubborn if not yet overwhelming.Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

Hope is back in fashion on Wall Street, buoyed by whispers of Fed rate cuts, a Buffett–Burry tag team in healthcare, and talk of Trump taking a stake in Intel. In a nation once allergic to state intervention, the idea now wins applause, a reminder that strategic necessity can turn heresy into orthodoxy overnight.Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

After Tuesday's mixed inflation reading—headline prices easing even as core inflation stayed stubborn—Wall Street found itself in a state of watchful anticipation. The next act arrived this morning with July's producer price data and the weekly jobless claims report, and these numbers that could shatter prevailing bets on the Fed's next moves...Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

It's the peculiar rhythm of late summer in America's markets: the heat still hangs in the air, traders drift between their terminals and the shore, and the financial news, deceptively placid, hums with portent. This week, that hum is almost a whisper. The S&P 500 and Nasdaq futures sit at record highs, ticking upward by fractions—mere tenths of a percent—while the CBOE Volatility Index, Wall Street's barometer of anxiety, has sunk to its lowest reading since January. For now, the street is calm.Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

This morning's object of suspense was a set of numbers, scheduled for release at precisely 8:30 a.m. Eastern: the Consumer Price Index. In a country where consumer confidence can oscillate on the basis of a Fed chair's eyebrow raise, the CPI is both talisman and threat. Economists expected July's “core” inflation to clock in at three percent—steady enough, perhaps, to justify the widely anticipated quarter-point interest-rate cut in September, but high enough to make the Federal Reserve flinch. However, the reading came in slightly above.Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

Investors are bracing for a week that promises inflation data, tariff deadlines, and the peculiar choreography of U.S.-China technology diplomacy, as major U.S. chipmakers will give Washington 15% of their China sales—a tribute-like move to maintain leverage in the tech global space.Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

By the time Wall Street's caffeine had properly metabolized on Friday morning, the futures market was already giddy. S&P 500 E-minis had ticked higher, Nasdaq 100 futures were climbing, and traders were playing their favorite parlor game: interpreting the Federal Reserve’s tea leaves, this time through the lens of Donald Trump's latest personnel twist.Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.