(https://www.marketwatch.com/story/trumps-threat-to-stop-trade-unless-theres-a-rate-cut-risks-shock-to-u-s-economy-2e6b9798?mod=mw_rss_topstories) unless the Fed cuts rates is a smokescreen. The real story buried in today's (https://www.cnbc.com/2026/09/04/jobs-report-women-payrolls.html) is that women added virtually all payroll gains—concentrated in lower-wage service roles where pricing power doesn't exist.

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