These three months were eventful; the U.S. stock market experienced periods of price movements ranging from +5% to -5%, while longer-term interest rates fluctuated more than in recent history. Financial markets absorbed new economic data and moved swiftly to adjust to new expectations.

October is Cyber Security Awareness Month. In this week's Market Perspective, Jason and Suzy discuss common financial cyber-crimes and straightforward steps to fortify your online accounts.

Interest rates and bond prices often have an inverse relationship. For example, when interest rates rise, bond prices can fall. When the Fed recently signaled it might reduce bond-buying, financial markets began repositioning asset prices.

Since 1960, Congress has acted 78 separate times to permanently raise, temporarily extend, or revise the definition of the debt limit. In other news, the Chinese real estate developer Evergrande faces a liquidity crisis.

"Should I stay or should I go now?" Would the 80s punk band The Clash have gotten it right? Seven consecutive months of gains in the S&P 500 is uncommon. So we parse the data back to the 1920s and discuss precedent.

U.S. job openings now exceed the number of unemployed workers. While some disruptions brought on by the pandemic will get resolved in the short term, longer-term trends like shifting demographics and a skills gap may be more persistent.

In this Labor Day edition of Market Perspective, we discuss jobs data, where American’s spend their time, and what is left over to save. And, we ask a question posed at the Jackson Hole Policy symposium, “What is maximum employment, and how do we know when the economy is at maximum employment?”