Merkado Barkada
September 8, 2025 | 8:32am
Right this moment is the 251st day of 2025. The PSEi was primarily flat over the 5-day buying and selling week, nevertheless it’s down 6.5% year-to-date and down 11.5% over the previous 12 months. We’re on a 9-day overseas promoting streak, which has seen P6.2 billion in internet promoting.
> PH: We don’t have any headline scheduled occasions, only a assortment of REIT ex-dates and fee dates.
> Worldwide: We’ll get inflation and a jobs report from the US on Friday.
MB BOTTOM-LINE: The state of affairs within the US is beginning to appeal to consideration, as the newest jobs report confirmed that the US economic system misplaced jobs for the primary time because the 2020 COVID disaster. A lot of commenters saying that this ugly jobs report makes a 25-basis level reduce a digital certainty popping out of the Fed’s assembly on September 18, with a 50-basis level reduce now “on the desk”. That’s wild, because it’s not like inflation has gone away, and the Fed’s present evaluation is that the inflationary penalties of the Trump tariff scheme may not hit the month-to-month information till September. I don’t know what to make of any of this, besides that it feels just like the type of atmosphere the place you simply have to carry on to belongings and hope for the very best.
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