In today’s Switzer Daily update, Peter Switzer dives into the surprising US jobs data that’s rattled markets and set the stage for a fresh standoff between Donald Trump and Fed Chair Jerome Powell.

With job growth falling well short of expectations and prior months revised sharply lower, Trump didn’t wait long to act—firing the head of the Bureau of Labor Statistics via social media. Now all eyes are on whether Powell will cave to pressure and cut interest rates.

Switzer explains why he’s hitting pause on putting new money to work this week and what US factory orders, PMIs and recession risk mean for Aussie investors.

👉 Watch the full video below for Peter’s take on what to expect this week.