The monthly jobs report will take on added importance in the next two months as the 2012 presidential election draws near. See full story.
China’s bad data boost stocks ... again
We’ve seen this story before: Markets want more stimulus from China, and each glum data point seems to convince investors anew that big moves are coming to prop up the economy. But this time, the market may be wrong. See full story.
China factory index slumps to 41-month low: HSBC
Chinese manufacturing activity deteriorates, new data show, with some analysts wondering whether Beijing is dropping the ball in delaying the rollout of policies to counter the slump. See full story.
Odds tilt in favor of Fed move in September
The bottom line from the Jackson Hole meeting is a stronger sense that Fed Chief Ben Bernanke is ready to launch QE3 in September. See full story.
Draghi’s ‘convertibility’ fears set ECB tough task
The “devilishly difficult†task of teasing out how much of the extra borrowing costs paid by Spain and Italy are attributed to fears of a euro breakup make it unlikely the ECB will set explicit interest-rate targets if it resumes its bond-buying program. See full story.
MARKETWATCH COMMENTARY
All eyes have been diverted recently by the drama being played out by the Dow. Yet Mark Hulbert advises to also take a look at the Dow Jones Transportation Average, which is more than 5% off its early May highs. See full story.
MARKETWATCH PERSONAL FINANCE
After commencement, a growing number young people say they have no choice but to take low-skilled jobs, according to a survey released this week. See full story.
