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X @Bloomberg
Bloomberg· 2025-07-03 13:35
Here are key takeaways from the US jobs report for June https://t.co/Q7JvZqQPUF ...
X @The Wall Street Journal
The Wall Street Journal· 2025-07-03 11:20
Exclusive: President Trump's voters are now likelier to say that he is more responsible for the current state of the economy than to say that former President Joe Biden is, by a 46%-34% margin, according to a new survey https://t.co/ZjoBHIuuAV ...
X @Bloomberg
Bloomberg· 2025-07-03 02:17
China’s services activity slipped to a nine-month low, a private survey showed, a worry for the economy as higher US tariffs threaten exports https://t.co/QZ7jxSKswV ...
X @Bloomberg
Bloomberg· 2025-07-03 02:14
South Korean President Lee Jae Myung pledged to revive the faltering economy and improve living standards, speaking Thursday in his first press conference since taking office https://t.co/vMXRE0JVRD ...
X @Bloomberg
Bloomberg· 2025-07-02 20:05
China's latest numbers offer hope for the economy, writes @Moss_Eco. But let's take official targets with a dose of salt (via @opinion) https://t.co/pGZgd98DfL ...
'Fast Money' traders recap Q2 and the first half of 2025
CNBC Television· 2025-06-30 22:02
Market Performance & Sentiment - The first half of the year saw an extraordinary market bounce from the April lows, with significant intra-quarter swings [1][2][3] - Sentiment change was notable, with Meta up almost 30% and JP Morgan up almost 20% [2] - The NASDAQ is on the verge of making a new relative high against the S&P, a key indicator for market players [7] - The S&P and NASDAQ made brief new highs, closing the first half near all-time highs with a VIX below 17 [8][9] Economic Factors & Risks - The first half of the year was one of the worst for the US dollar since the 1970s, with a nearly 7% move lower in the dollar index during Q2 [5] - A weaker dollar is beneficial for multinationals and the big tech trade [9] - The Fed lowered its growth target for the US for the second half of the year [10] - There is confusion regarding the Fed's next move, with scenarios for both lowering and maintaining interest rates [11][12] Sector Performance & Concerns - The reemergence of big tech companies has been a significant driver [6] - While tech may continue to drive the market higher, caution is advised due to potential shifts in the dollar or crude oil prices [9] - Energy, materials, home builders, retail, and pharma sectors are underperforming, indicating a lack of broad-based rally [9][10]
X @Bloomberg
Bloomberg· 2025-06-30 19:22
Argentina’s economy grew more than expected in April as President Javier Milei loosened some currency controls as part of a $20 billion agreement with the International Monetary Fund https://t.co/6xISKetlUS ...