Surprising Job Report Eliminates Chance of Interest Rate Cut
This is a much stronger labor market than those who vote on policy at the Fed’s FOMC thought they were going to be dealing with.
This is a much stronger labor market than those who vote on policy at the Fed’s FOMC thought they were going to be dealing with.
The rate environment could challenge a market that needs to absorb some significant IPOs.
Friday’s job report for May crushed expectations, with big March and April revisions as well.
Iran reintroduces strait service fees, stock market inflows, Lululemon drops, production levels at Boeing, and other headlines are moving stocks this morning.
After a week that feels like pulling teeth, let’s check on the ‘rotation,’ the semiconductors and brace for the jobs report.
Job creation continued to rise in May, hitting levels not seen since January 2025.
As AI drives the market to new highs, several issues could deliver a rush for the exits.
Iran stalemate, Home Depot’s cautious words, Google & Blackstone, AI layoffs, and other headlines moving stocks this morning.
I’m increasingly concerned about affordability in an AI World.
The class of 2026 is graduating into an awful economy. My own story shows that there is hope.