CEO Cautions: Payroll Figures Signal Market Is 'Not in a Normal Operating Environment'

Deep News

Sep 04

Following the release of US non-farm payroll data showing 163, 000 new jobs added in August—far surpassing expectations—one asset management executive is warning that investors should not celebrate the numbers, as the strong showing could provide justification for further interest rate hikes by the Federal Reserve.

"The August jobs report nearly surprised everyone," said Ken Mahoney, CEO of Mahoney Asset Management, commenting on the month's impressive employment figures. "Under normal circumstances, this would be good news."

However, he added: "But clearly, the market is not in a normal operating environment right now. When it comes to interest rates, bad news has consistently been treated as good news, while good news ends up becoming a problem."

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/1121999955"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1121999955\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1121999955?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-04 23:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1121999955","market":"sg","top_or_hot":-1,"title":"CEO Cautions: Payroll Figures Signal Market Is 'Not in a Normal Operating Environment'","media":"Deep News","content":"<p>Following the release of US non-farm payroll data showing 163, 000 new jobs added in August—far surpassing expectations—one asset management executive is warning that investors should not celebrate the numbers, as the strong showing could provide justification for further interest rate hikes by the Federal Reserve.<br><br>\n\"The August jobs report nearly surprised everyone,\" said Ken Mahoney, CEO of Mahoney Asset Management, commenting on the month's impressive employment figures. \"Under normal circumstances, this would be good news.\"<br><br>\nHowever, he added: \"But clearly, the market is not in a normal operating environment right now. When it comes to interest rates, bad news has consistently been treated as good news, while good news ends up becoming a problem.\"</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CEO Cautions: Payroll Figures Signal Market Is 'Not in a Normal Operating Environment'</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCEO Cautions: Payroll Figures Signal Market Is 'Not in a Normal Operating Environment'\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2026-09-04 23:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Following the release of US non-farm payroll data showing 163, 000 new jobs added in August—far surpassing expectations—one asset management executive is warning that investors should not celebrate the numbers, as the strong showing could provide justification for further interest rate hikes by the Federal Reserve.<br><br>\n\"The August jobs report nearly surprised everyone,\" said Ken Mahoney, CEO of Mahoney Asset Management, commenting on the month's impressive employment figures. \"Under normal circumstances, this would be good news.\"<br><br>\nHowever, he added: \"But clearly, the market is not in a normal operating environment right now. When it comes to interest rates, bad news has consistently been treated as good news, while good news ends up becoming a problem.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ZVOL","symbol_name":"VOLATILITY PREMIUM PLUS ETF","start_time":0,"source_url":"","article_id":"1121999955","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1121999955","pubTimestamp":1788535821,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"Following the release of US non-farm payroll data showing 163, 000 new jobs added in August—far surpassing expectations—one asset management executive is warning that investors should not celebrate...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ZVOL":"VOLATILITY PREMIUM PLUS ETF","NCPB":"Nuveen Core Plus Bond ETF"},"translate_title":"首席执行官警告：薪资数据表明市场“不处于正常的运营环境”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ZVOL":1,"NCPB":1},"content_text":"Following the release of US non-farm payroll data showing 163, 000 new jobs added in August—far surpassing expectations—one asset management executive is warning that investors should not celebrate the numbers, as the strong showing could provide justification for further interest rate hikes by the Federal Reserve.\n\"The August jobs report nearly surprised everyone,\" said Ken Mahoney, CEO of Mahoney Asset Management, commenting on the month's impressive employment figures. \"Under normal circumstances, this would be good news.\"\nHowever, he added: \"But clearly, the market is not in a normal operating environment right now. When it comes to interest rates, bad news has consistently been treated as good news, while good news ends up becoming a problem.\"","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}