Afford Anything · Saturday, September 5, 2026
The strong performance in the US jobs report for August, which tripled expectations, has counter-intuitively led to market hesitation. This is due to the increased likelihood of the Federal Reserve raising interest rates in September.
“In fact, it was the strength of the BLS data that caused counter-intuitively the market to decline a little bit.”
“Why would traders show a little bit of hesitation on good jobs data?”
“Well, it's because if jobs data is strong, therefore the Fed has a higher likelihood of increasing interest rates at their September meeting.”