EPISODE · Sep 5, 2025 · 10 MIN
**Unemployment Preview
from GoldFix · host VBL
This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good Morning. The reset is a process, not an eventTopics: * El Salvador Buys Gold* Jobs Number Preview (Premium)Market Analysis: Full analysis in Premium Post: Related Posts:This Weekend:Data on Deck: Unemployment * MONDAY, SEPT. 1 Labor Day holiday* TUESDAY, SEPT. 2 PMI* WEDNESDAY, SEPT. 39 Job openings, Fed Beige Book* THURSDAY, SEPT. 4 PMI and speakers* FRIDAY, SEPT. 5 U.S. employment report Aug.75,000 73,000, US unemployment rate Aug.4.3%4.2%Charts and Final Market Check: Jobs Report Preview:Bottom Line among Big Three Banks (see excerpts at bottom):* Goldman: much weaker than consensus* JPMorgan: Agrees with consensus* BofA: stronger than consensusBottom line for GoldFix We agree with JPM here (see bottom), that almost regardless of the print in a normal range, the Fed will cut 25bps. We feel also as Goldman (and ZH) does, the revisions coming afterwards will matter as much if not more.
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**Unemployment Preview
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