The Jackson Hole Symposium continues Thursday at 10:00 am and Friday, with Fed Chair Warsh speaking Friday at 10:00 am alongside a critical NFP benchmark revision. Tuesday brings ISM Manufacturing PMI at 10:00 am, followed by ADP employment data Wednesday at 8:15 am. Markets are hyper-focused on labor cooling as the Fed weighs September rate cuts. Expect high volatility during Warsh’s speech and the labor revisions as traders recalibrate growth expectations amid shifting policy signals.
Traders should prioritize protection around Friday morning's dual-threat of Fed commentary and labor revisions. Monitor the 10:00 am EST window on Tuesday for ISM data to gauge manufacturing health before Wednesday's ADP print.
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.