INTRADAY ALERT: Jobs takeaways --> Hot NFP, soft household survey, softer wages, soft Manheim. Interest rates still singular issue but possibility this is the flush.

THIS INTRADAY ALERT IS ONLY BEING SENT TO MEMBERS OF FS INSIGHT

The Sept jobs report came in very strong. Our shadow economist (HA of NY) was expecting a very hot number, as he expected many blue-collar/laborer additions. And this seems to be the case. Does the "hot jobs" number affect the outlook for stocks into YE? Not exactly.

The numbers are:- NFP (non-farm payrolls) added +336k <-- HOT- Avg hourly earnings MoM +0.2% vs +0.3% Street <--good- Household su...

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