August nonfarm payrolls added 162,000 jobs, far exceeding expectations, but the real question regarding a September rate hike hinges on the September 11 CPI data.
By Rita
Interest rates are rising, exchange rates are fluctuating, and oil prices are climbing, yet JPMorgan says investors should remain bullish on US equities. On September 6, JPMorgan released its Asia-Pacific thematic market report, offering four core reasons to counter recent macro volatility troubling US equity investors: robust growth, moderately high interest rates, a tendency toward a weaker US dollar, and neutral-to-light hedge fund positioning. August’s nonfarm payrolls added 162,000 jobs, significantly beating expectations, but the real suspense regarding a September…






