Morning Dose #334: Hikes Not Cuts: Payrolls Shock Flips the Fed Trade – Monday 9/7/2026

Episode summary

A blowout jobs report has flipped rate-cut expectations into hike odds ahead of Thursday’s critical CPI print, splitting the market into a two-speed tape of surging memory chips and battered software. The hosts break down the macro shock, the sector divergence, and a disciplined playbook of continuation names and a geopolitical hedge for trading into the print.