Let's bring in SoFi's Liz Thomas and RS Asset Management's Carrie Firestone who as you see are here at Post 9 as well. Well, ladies, nice to see you. Nice to see you, too.Liz, what do you think about what you just heard. I think it sounds pretty optimistic and I got to say I too much so. No, not too much.So I I think you have to take a long-term view in order to hop on that optimistic train at this point not only in the year but at this level of valuations at this point where we're waiting for so much data ...

Welcome back to Squawkbox. Rick Santella here live on CME HQ with the breaking news of the morning. We have jobless claims, ECI, employment cost index, and personal income and spending.Let's start with income. Remember last month we took a ding minus 4/10en of a percent. That was weakest going back to the fall of 21.Rebounding up 3/10, a tenth better than expected. And that would comp well April we're up 7/10. Now let's look at personal spending up 3/10 a tenth light but a nice reversal before any revisions ...

All right. So, what is what are we seeing in the options market ahead of the August 1 deadline. Are we still start are we still seeing people trying to play it even though we've seen a number of deals get done.>> Yeah, there's definitely opportunities right now in terms of trying to pro buy some downside protection, but largely investors are not particularly bidding up puts ahead of this tariff deadline. It really reflects the fact that investors are not particularly concerned here. as you say uh there's a ...

Economic Indicators - U S Q2 核心 PCE 初值增长 25% 预期为 23% 前值为 35% [1] - 实际 GDP 增长 3% 预期为 24% 前值为 -05% [1]

Market Trends & Economic Factors - This week's events, including the Fed decision, PPE data, and jobs report, could be an inflection point for stocks trading near records [1] - Markets are pricing in potential weakness in the labor market, despite current strength [4] - Tariffs are now six times higher than when Trump took office, representing the highest levels in post-World War history, which could become an issue [3] - Confidence is returning, leading to increased spending, particularly in CapEx [15] Company Performance & Earnings - UPS stock has been a disaster for 3.5-4 years, cut in half, indicating company-specific problems [5] - Coinbase's upcoming report is crucial given its recent run; strong results are needed to justify valuation [6] - Tech earnings, particularly Google's, are in focus; while Google had a good quarter and guidance, CapEx spending is now viewed with caution [7][8] - Meta's spending on talent and CapEx, coupled with Llama 3's performance, raises concerns about profitability [9][10] - Microsoft's Azure is gaining traction in AI sales due to its OpenAI relationship [11] Bond Market & Yields - The bond market is stubborn, with yields starting to tick up, indicating a potential shift in market sentiment [6] - There will be a level where the market starts to care about bond yields [7]

金十数据7月10日讯，最新公布的美联储6月会议纪要显示，美联储工作人员在上次会议上指出，CPI仍 在一定程度上偏高。失业率继续保持低位，劳动力市场状况稳固。现有指标显示，第二季度实际GDP正 稳步增长。根据CPI和PPI，5月份总消费者物价通胀——用PCE的12个月变化来衡量估计为2.3%。核心 PCE 5月为2.6%，总通胀率和核心通胀率都低于年初水平。基于调查的短期通胀预期指标仍然很高，大 多数基于调查的长期通胀预期指标保持稳定。 美联储会议纪要：CPI仍在一定程度上偏高 劳动市场状况稳固 ...

Darren. >> Thank you so much for joining us. We appreciate it.>> Personal income and spending numbers for me. Plus the Fed's favorite inflation gauge PCA, PCE data treasuries Rick Santelli. Just do it Rick.Tell us what you got. >> Yes. May income spending and all the inflation numbers.And there are surprises here. Personal income which really has been quite strong throughout 2025 takes a bit of a hit here. Down 4/10.We were looking for a number up 3 to 4 tenths. This would be the first negative number going ...

Core Viewpoint - The article discusses the potential for renewed conflict between Israel and Iran, emphasizing the U.S. stance on sanctions and inflation concerns, which may impact future interest rate decisions by the Federal Reserve [3]. Group 1: Interest Rate Predictions - The article provides predictions for the next three Federal Open Market Committee (FOMC) meetings, indicating a high probability of maintaining the current interest rate of 4.25%-4.50% on July 31, 2025, at 75.2% [4]. - There is a 68.1% chance of the rate being between 4.00%-4.25% on September 18, 2025, and a 51.3% chance of it being between 3.75%-4.00% on October 30, 2025 [4]. Group 2: Market Reactions and Technical Analysis - The article notes that gold prices are experiencing fluctuations, with a critical level at the Bollinger middle band around 3355, which will determine the market's direction [5]. - A bearish flag pattern is forming, indicating potential downward pressure on gold prices, with key support levels around 3300 [7]. - The article highlights the importance of the upper and lower boundaries of a rising wedge pattern, suggesting that a breach of these levels could lead to significant market movements [7].

has left the room and I do want to bring him in. Um, a couple things are clear here to me, Steve. Number one, um, it seems the Fed chair believes that the tariffs have put both sides of the mandate into question and they're going to have to wait and see on how to deal with all of that.And that Pal himself doesn't seem to be a huge fan of these SCPs either. Um, and he revisited the refrain from the last meeting, throwing back at the reporter who asked him the question, "What would you write? We'll do the bes ...

Core Insights - The Producer Price Index (PPI) for May in the U.S. showed a year-on-year increase of 2.6%, matching expectations, while the core PPI rose by 3.0%, slightly below the anticipated 3.1% [1] - Month-on-month, the PPI increased by only 0.1%, which was lower than the expected 0.2%, indicating a slowdown in price growth [1] - The report highlights that despite the current high tariff policies not significantly impacting consumers, there may be increased price pressures in the second half of the year as companies seek to maintain profit margins [1] Sector Analysis - **Services**: The service sector saw a month-on-month increase of 0.1%, primarily driven by a 2.9% rise in trade service margins, although transportation and warehousing services decreased by 0.2% [2] - **Goods**: Goods prices increased by 0.2% month-on-month, with notable increases in tobacco products (up 0.9%) and gasoline, while jet fuel prices fell by 8.2% [3] - **Core PPI**: Excluding food and energy, the core PPI rose by 0.1% month-on-month and 2.7% year-on-year, indicating stable underlying inflation trends [4] Intermediate Demand - **Processed Goods**: There was a month-on-month increase of 0.1% in processed goods, with processed materials (excluding food and energy) rising by 0.4%, while processed energy goods fell by 1.2% [5] - **Unprocessed Goods**: Unprocessed goods saw a significant month-on-month decline of 1.6%, primarily driven by an 18.7% drop in energy materials like natural gas, alongside a 1.4% decrease in non-food materials [6] Key Price Movements - **Price Increases**: Key items that saw price increases included tobacco (+0.9%), gasoline, diesel, and primary non-ferrous metals (+4.6%) [8] - **Price Decreases**: Items that experienced price declines included jet fuel (-8.2%), pork, carbon steel scrap, and natural gas (-18.7%) [9] - **Service Sector Prices**: In the service sector, air passenger transport prices fell by 1.1%, while furniture retail and securities brokerage services also declined, contrasting with increases in system software publishing [10]