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August jobs data looms: Can markets defy "the September curse"?
On August 29, July's core PCE index rose 2.6% year-on-year, slightly below expectations, and 0.2% month-on-month. These data points bolstered market sentiment, leading to gains as August ended, with the Dow reaching a record high and the S&P 500 marking its fourth consecutive month of growth. Show More
On August 29, July's core PCE index rose 2.6% year-on-year, slightly below expectations, and 0.2% month-on-month. These data points bolstered market sentiment, leading to gains as August ended, with the Dow reaching a record high and the S&P 500 marking its fourth consecutive month of growth.
However, September has historically been tough for U.S. stocks, with the S&P 500 averaging a 1.2% decline since 1928. After a positive August, the focus now shifts to the September 6 non-farm payroll report, which could influence the Fed's expected 25 to 50 basis point rate cut at the September 17-18 meeting.

🎙️Discussion
1. What are your expectations for the upcoming non-farm payrolls report?
2. How will you adjust your investment strategy to beat the 'September curse'?
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