Top of the Morning: July Jobs Report, FOMC, & the week ahead

Brian Rose, a Senior Economist at UBS Chief Investment Office, delves into the surprising trends in the July jobs report, highlighting rising unemployment and sluggish job growth. He discusses the implications of this data for consumer spending and the Federal Reserve's interest rate decisions. The conversation also covers how softening labor market indicators could lead to potential rate cuts, with key economic signals that investors should monitor in the fluctuating landscape ahead.