So, 177,000 new jobs were added in April, with health care contributing 51,000 of them. Sure, it's a decent headline, but let's not act like this is some major turning point. The numbers are okay, but they don’t shift the bigger picture for me. I remain firmly bearish. A modest uptick in employment doesn’t outweigh the underlying weakness we're seeing across other sectors. And to top it off, the U.S. indexes actually went up for the week—though for what reason, who can really say. Market optimism seems completely disconnected from reality right now. That said, I may be wrong. Let’s see what next week brings.
$S&P 500(.SPX)$ The next FOMC meeting is just over five days away, and according to CME Group data, there’s a 95% probability that rates will remain unchanged. The key question now is: will Trump’s pressure or Powell’s caution ultimately shape the Fed's course? If there’s no cut this time, the next opportunity won’t come until June 18—unless deteriorating conditions force an emergency move. Despite eight consecutive days of gains in the market, the rally feels increasingly disconnected from fundamentals. I can’t quite explain the optimism, especially with more negative headlines likely in the coming month than positive ones. Most of the good news already seems priced in, leaving limited upside unless something u
Nothing screams "efficiency and compassion" like letting profit dictate public health. Americans have boldly voted to ensure their medicine cabinets stay emptier, their wallets lighter, and their stress levels higher. Bravo!
So Xi is out here actually flying to Southeast Asia, shaking hands, making deals—like some kind of serious leader. Meanwhile, Trump’s just lounging in the U.S., expecting world leaders to grovel at his feet and beg for trade. Because nothing says “strong economic partner” like demanding everyone come to your house. Yeah… super tough choice. Work with the guy building bridges? Or the one building ego towers?
China’s Xi begins Malaysia visit in shadow of Trump tariffs
"White House Press Secretary Karoline Leavitt read a statement from U.S. President Donald Trump on Tuesday, calling on China to initiate contact and negotiations with him to address the intensifying trade dispute between the world’s two largest economies. The statement emphasized that the ball is in China’s court to reach an agreement, while the U.S. does not necessarily need a deal" Too proud to initiate negotiations after dragging every country into the abyss, yet thick-skinned enough to ask China to make the first move.
"It is the last time." Bravo, China! Truly poetic. After weeks of being dragged into Trump’s endless circus of tariffs and Twitter tantrums, they’ve finally had enough. You can almost hear the collective eye-roll from Beijing. One can only imagine the scene in Mar-a-Lago now—Trump pacing the room, demanding someone fetch his phone so he can fire off another CAPS LOCK masterclass. Will it be more vague threats? A new nickname for Xi? Maybe a promise to slap a 1,000% tariff on chopsticks? The art of the deal might just be entering its tragicomic final act.
China fires back - for what is says is the last time - by lifting U.S. tariffs to 125%