The Open Bell — Ep. 075 — 5 Oct 2026
Today on The Open Bell:
The US economy added 29,000 jobs in September, a number so far below what anyone expected that it may have just quietly closed the book on the Federal Reserve's rate-hiking campaign, and if you have a mortgage, a loan, or anything priced off borrowing costs, that's the number that matters this week.
OPEC+ held its oil output steady going into November, but the cartel's vote is almost beside the point when a single chokepoint in the Persian Gulf is doing more to keep Brent crude above a hundred dollars a barrel than anything the group actually decided.
Brazil's presidential election went to a runoff after nobody cleared a majority on Sunday, and the result in three weeks won't just shake Brazilian markets: it could reprice currencies and government bonds across the entire developing world.
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Not investment advice. For informational purposes only.
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Chapters: 00:00 Introduction 00:09 US Payroll Shock Cuts Fed Hike Odds to 17%; Yields Retreat 03:14 OPEC+ Rolls Over November Quotas as Brent Holds Above $100 05:53 Brazil Election First Round Sends BRL Swinging; Runoff Set 07:52 Closing thoughts