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Short Macro Update - Week 36, 2026

Henrik Zeberg · Elliott Wave 2.0

Sep 4, 2026 · 1 min listen · Last updated September 4, 2026

This morning the BLS reported nonfarm payrolls up +162k for August, against a consensus of roughly +53k. 1% year over year.

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Short Macro Update - Week 36, 2026

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Short Macro Update - Week 36, 2026 · Storyflo

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This morning the BLS reported nonfarm payrolls up +162k for August, against a consensus of roughly +53k. The unemployment rate held at 4.1% and average hourly earnings rose 0.3% on the month, 3.1% year over year. The strongest monthly gain since March, and the market has taken it as confirmation that the Fed can stay focused on inflation into the Septem…

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