The August employment report showed continued softening in the labor market, notes Cooper Howard. He and Michelle Gibley monitor treasury reaction to the jobs report. Cooper highlights how this should mean that the Fed stays on hold at the September meeting and there is a good chance that the peak in the Fed funds rate is behind us. Michelle goes over how there is a central bank game of will they or won’t they. She also mentions that we should get used to slower growth for longer in China. She then looks at how markets could remain volatile in the coming months. Tune in to find out more about the stock market today.