Inverse Cramer Indicator | Fading Jim @jimcramer shared his 4x omens this morning, but the current inflationary headwinds could just be temporary: ○ Fed chair doing his job (hawkish but no hikes) ○ President can't end the war ○ Allies still rely on United States ○ Oil and energy prices rise on uncertainty Jim's conclusion is that rates can't go down: Longtime students of the Inverse Cramer indicator know the playbook: 1) Fade his take. 2) Buy the fear. It has front-run more reversals than any oscillator we track - here are some of the factors we're watching before pulling the trigger: Sept FOMC | Interest Rate Cuts x NFP ○ JOLTS 7.271M vs 7.313M est. ○ June revised down 177K ○ Quits flat at 3.1M = no wage story ○ Hike odds 33% → 57% → 66% - UP on the miss ○ Watch Friday's nonfarm payrolls print ○ Watch Friday's wage growth #'s A labor miss that raises hike odds means the policy put is gone. Soft data ≠ cuts anymore. Wage Growth Numbers (Fri) | (Est. 3.0%) Odds of Hike (-) ○ Wages cool to 2.9% ○ Jobs under +25K Odds of Hike (+) ○ Wages hot at 3.2% ○ Jobs over > +100K The cut trade is not delayed, its just priced out - is this the one time not to fade Jim?