09/03/2021 - Yra Harris: Will It Be An Inflated Jobs Report?

“Give the markets time to digest the contextual basis of jobs and see if Powell’s concerns are realized in the August data and that employment remains well below the FED‘s mandate of full-employment. If the DATA is weak expect the DOLLAR to weaken, GOLD TO RALLYBONDS TO ATTAIN some strength as it will push back the central bank’s desire to CURB ITS ASSET PURCHASES. It’s also LABOR DAY WEEKEND so be very patient as trading will not be as liquid as desks will be vacant due to the holiday. PATIENCE FOR THE NARRATIVE TO UNFOLD.”

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