Dell's AI Blowout, Waller's Dovish Pushback, and a Payrolls Surprise

In this episode, Scott Slayton, Partner and Chief Strategist at Capital Creek Partners, breaks down three key market themes for the week. He recounts Dell's blowout earnings and record AI backlog, noting that AI shortages are now raising technology costs rather than lowering them. He then assesses Governor Waller's dovish speech and its pushback against a locked-in September hike. Lastly, Scott analyzes the August payrolls surprise, noting benign wage growth leaves next week's CPI as the Fed's deciding factor.