Critical intelligence before the U.S. market opens
by Shawn Langlois
Now that the Jackson Hole hoopla is behind us, traders can exhale and move on to the next order of business, which, incidentally, isn’t all that different from the previous order of business: Fretting about interest rates.
Or, specifically, as Jeff Miller of the Dash of Insight blog asks in his weekly preview: Will the Fed get the signal to hike rates? The answer, he says, lies in the next crop of economic data, which will certainly get “special scrutiny” this week.
Of course, extra special scrutiny will be reserved for the end of the week, when we get the August employment number. Until then, there’s more than a few notable reports to keep us occupied (more on that in the “The economy” section).