Weekend Update 10/4/2026
Weekend Update recaps market highlights and major news from Ursa’s portfolio. Not on Ursa yet? Download Ursa from the App Store!
Markets rebound on moderate #Inflation and weaker #LaborMarkets
💸 Moderating inflation. August PCE #Inflation slowed to 3.4% Y/Y with the core metric down to 3.0%. However, it may not be a fair comparison given all the historical revisions…
️💼 Weakening jobs. The September jobs report came in weak with nonfarm payrolls slowing to just 29K and unemployment rising to 4.2%. In addition, July and August revisions lopped off another 60K jobs from an already weak #LaborMarkets jobs report.
😅 Market rebound. Markets end the week down just slightly lower -0.3%. #GlobalTension uncertainty had stocks sinking to open the week, but rebounded with moderate #Inflation and weak #LaborMarkets muting #RateHikes fears.
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