I'm leaning towards the Fed not raising interest rates, unless inflation consistently exceeds expectations. Non-farm payrolls are not important at this stage at all. Even if tonight's data is significantly below expectations, as long as inflation doesn't come down, the Fed can't easily cut rates. Wall Street will still tell horror stories and sell off. The most important things are CPI and PCE. If inflation is controllable, then it's not a problem. But as I said, the market has risen too high and become too expensive over these two months. There's no reason for it to keep rising. If there's a chance of a mispriced sell-off, you should dare to buy, provided you know the company you're researching well enough.