What I'm reading this morning:
- August NFP is a big headline miss - 173k vs 217k expected. But wages rise, unemployment 5.1% (Bureau of Labor Statistics)
- Higher quality stocks are holding up better than junkier names (Indexology)
- Greggy: Stop trying to assign a story to price action (Dragonfly Capital)
- Investors started adding back to stock funds (MarketWatch)
- Hedge fund shitshow worsens (New York Times)
- Beijing and Moscow are like two punchdrunk boxers trying to hold each other up (New York Times)
- Max Abelson's Invention of Trump piece is hilarious (Bloomberg Business)
- Should we be worried about the carry trade being unwound? (Marginal Revolution)
- Why markets retest after crashes (Dana Lyons)
- "All Weather" strategies are really just ambitious "Most Weather" strategies, in the end (Reuters)
