Christopher Garliss

ADP data showed businesses added 90,000 jobs in September. JOLTS figures showed job openings barely edged out the number of unemployed. Friday's 29,000 payroll gain raises the stakes for the Fed's October decision. The labor market isn’t collapsing. It’s crawling... Earlier this year, I laid out how I see the labor market taking shape. I walked through the forward-looking indicators I track to handicap each month's payroll report. One of those is the combined hiring gauge from the regional...

Economic Calendar: (Events highlighted in bold are those I view as the most important.) (All times are ET) Monday: Markets in China and South Korea are Closed Japan - Household Confidence for September (1 a.m.) ECB’s Nagel (Germany) Speaks (3:45 a.m.) Eurozone - HCOB Eurozone Services and Composite PMI (Preliminary) for September (4 a.m.) ECB's Lane (Chief Economist) Speaks (4 a.m.) U.K. - S&P Global U.K. Services and Composite PMI (Preliminary) for September (4:30 a.m.) Eurozone - Sentix...

Federal Reserve Vice Chair Philip Jefferson said Thursday that officials may need more time before deciding whether to raise interest rates again, echoing signals from New York Fed President John Williams earlier this week that cast doubt on bets the central bank would lift rates at its meeting later this month – WSJ. (Why you should care – Jefferson, a centrist, has tended to be one of the more pragmatic policymakers) Federal Reserve Bank of Dallas President Lorie Logan said the central bank...