The Open Bell — Ep. 035 — 10 Aug 2026

Today on The Open Bell: The US economy shed jobs in July for the first time since February, and the bizarre part is that markets loved it, because bad news for workers still reads as good news for rate cuts and stocks closed at record highs on Friday. Iran ruled out any talks on the Strait of Hormuz over the weekend and there are reports of a tanker strike, which means roughly a fifth of the world's seaborne oil supply is now sitting behind a door that just got slammed shut. China's latest inflation numbers show a country running two economies at once: factories exporting at full throttle while ordinary Chinese consumers have basically stopped spending, and that gap is getting harder to explain away. If today's episode helped you make sense of the week ahead, a quick rating on Apple Podcasts or Spotify helps other listeners find the show. Hosted by Alex Monroe. New episodes every weekday morning at theopenbell.co Not investment advice. For informational purposes only. --- Chapters: 00:00 Introduction 00:12 US July Payrolls Shrink by 23,000, First Drop Since February 03:16 Iran Rules Out Hormuz Talks; Tanker Strike Report Roils Oil 05:34 China July CPI Cools to 0.5%, Six-Month Low; PPI Also Slows 07:18 Closing thoughtsSupport the show