The September economic reports showed signs of continued strength to end the quarter. Hiring picked up during the month, with additions to nonfarm payrolls surpassing expectations and the unemployment rate ticking down to 4.1 percent. Service sector and consumer confidence showed mixed signals and have remained volatile over recent months. Finally, the yield curve inversion narrowed modestly, with both long- and short-term yields falling during the month.
We have left the overall risk level at yellow for now.
View a breakdown of the risks we’re watching in this SlideShare.