MARKET DAILY

Market 08/20: 1 Million Jobs Could Be Revised Down Tomorrow

Market cash flow rotation ready to absorb bad news

Key highlights:

  • FED may face 1 million job revision tomorrow

  • NY FED pessimistic after July job survey data

  • Japan: Inflation pressure on wages

  • Dollar lowest since start of year, gold hits new high

  • Lowe’s: Revenue affected by economy

  • Market: SPX pulls back below 5600, fear temporarily returns ahead of jobs report

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