* Everyone is talking about the Sahm recession indicator. Here’s what you need to know CNBC
* 3 reasons to worry about July’s weak jobs report — and 1 reason not to panic CNN
* Tight Job Market Delivered Widespread Rewards. They Are at Risk. The Wall Street Journal
* Unemployment rise spurs fears of slowdown, yet recession signals have been wrong — so far The Associated Press
* Powell faces a mutiny on Wall Street if he doesn’t make a September rate cut Fortune
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