Catalyst Watch: Jobs report, AAPL, MRK, SBUX preview
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 29 July 2023
⏱️ 8 minutes
🧾️ Download transcript
Summary
Transcripts available on Seeking Alpha
Show links:
Catalyst Watch: Amazon earnings, jobs report, and will Apple talk AI?
Earnings week ahead: Amazon, Apple, Pfizer, Starbucks, Uber and more
Starbucks: Why I Think The CEO May Be A Bigger Deal Than You Think
UPS signs tentative five-year deal with Teamsters to avoid a costly strike
New iPhone 15 likely to have wide camera 48MP sensor, top analyst says
Apple continues to gain ground in Chinese smartphone market
Apple: Playing Catch Up
Merck succeeds in Phase 3 trial for Keytruda in cervical cancer
Yellow Corp may file for bankruptcy this week as customers cut and run - report
U.S. Q2 GDP surges past consensus, helped by business spending
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to See King Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
| 0:07.0 | Thanks for joining us today. I'm Julie Morgan, host of Wall Street Breakfast. This is our weekly show all about the catalysts for the upcoming week. |
| 0:15.6 | I'm joined by Kim Kahn, he's the senior managing news editor at Seeking Alpha. |
| 0:20.4 | He's also the host of our new afternoon show, Wall Street Lunch. |
| 0:24.0 | Kim, next week, it's the beginning of the month, so obviously we're talking about |
| 0:29.0 | non-farm prey rolls, right? |
| 0:31.0 | Yeah, you think they'd give us maybe a little break after this past week when we had all these earnings and the Fed and GDP, but nope, we're just going to go right back into the swing of things, looking at the labor labor market which still is one of the most |
| 0:43.8 | important puzzle pieces to where rates are heading and probably in turn where the |
| 0:49.1 | market is heading. Okay so tell me this Is there a consensus out yet? |
| 0:53.5 | If you're looking at Non-Fau-Pau-Pau-S consensus, it's tough to come by actually, and this is new to me because |
| 1:01.6 | I've been doing this. |
| 1:03.2 | We've always had consensus estimates, a number of places online that you could find them and just say like, you know, up to 10 or more days in advance of the number. |
| 1:11.1 | Now it's like we're not getting a consensus figures out until like two or three days sometimes before the number comes out and it changes a lot. So what you're seeing is a lot more uncertainty and not more reluctance with the economist to nail down their figure without getting more data. |
| 1:26.0 | I mean totally understandable that they might want to hold off on their guesses until they saw what exactly the Fed said and what exactly GDP came in at and also all the other components to go into their models. |
| 1:37.7 | But let's just say, you know, they're going to cover again around an average of about 200,000. |
| 1:43.2 | So a little more is going to be showing a strong labor market a little less, |
| 1:46.5 | might be a little more anemic, |
| 1:48.0 | and then we're going to have to go through the dance of what's good |
| 1:50.6 | and what's bad for the Fed. |
| 1:52.0 | Because make no mistake mistake after this last |
| 1:54.7 | rate hike we saw this week the Fed's still ever present in the market and people are |
| 1:59.6 | just gonna be gauging about whether or not they want to hike again. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Seeking Alpha, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Seeking Alpha and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

