Hey, I'm Kramer. Welcome to Mad Money. Welcome to Kramer.Other people want to make friends. I'm just trying to make you a little money. My job is not just to entertain, but to educate you.So call me at 1800743 CNNBC or tweet me at Jim Kramer. If you spend much time watching this network, you've heard endless chatter about the Federal Reserve, the business cycle, tariffs and trade, and of course all the ways our trading partners try to get over on us by breaking the rules of the Great Arbor, the World Trade ...

New graduates are entering into one of the toughest job markets in recent history with unemployment rates for recent grads hitting 5.8% compared to just 4% for all workers. So, it's a crucial time for young people to make smart financial moves. I want to bring in Dena Healey who is the Prize Financial Vice President of Financial Planning and Advice.Great to have you here in studio with us. You have four pillars of advice for new graduates. Study your benefits, establish a strong credit history, develop a bu ...

Investment Rating - The report indicates a cautious outlook with expectations for policy rate cuts to resume in September, following a stable unemployment rate and job growth that suggests a cooling economy [5][6][9]. Core Insights - The unemployment rate remains stable at 4.2%, with 139k new jobs added, primarily in leisure and hospitality and healthcare sectors, but the labor market is expected to loosen further [5][11][23]. - Economic indicators such as ISM services and manufacturing are below 50, indicating a cooling economy, and the Fed's Beige Book reflects a slowdown in activity and hiring [5][13][15]. - The report anticipates a total of 125 basis points in rate cuts through March of the following year, with the first cut expected in September [5][6][9]. Summary by Sections Employment Data - The unemployment rate increased slightly from 4.187% to 4.244%, and would be around 4.6% if not for a drop in the labor force size [7][23]. - Job growth is slowing, with a significant drop in household survey employment by 696k, indicating potential further increases in the unemployment rate [7][11]. Economic Activity - The report highlights a decline in auto sales to 15.65 million (SAAR) in May, suggesting that previous strong sales were due to front-loading ahead of tariffs [16]. - Retail sales data expected to be released will provide further insights into the economic conditions influenced by trade-related uncertainties [16]. Inflation and Price Trends - A benign monthly inflation reading is projected, with core CPI expected at 0.248% MoM in May, indicating minimal impact from tariffs [18][24]. - Producer prices are expected to rise, with a forecast of a 0.5% MoM increase in core goods PPI, suggesting potential upward pressure on consumer prices in the coming months [19][31]. Federal Reserve Outlook - The report outlines expectations for the Fed to maintain a "wait-and-see" approach, with rate cuts anticipated as economic conditions evolve [5][6][9]. - Fed officials are expected to discuss the implications of the latest employment data at upcoming meetings, with a focus on the labor market's trajectory [6][9].

Job Market Analysis - The US economy added 139,000 jobs in May, exceeding expectations, while the unemployment rate remained steady at 42% [1] - Healthcare and hospitality sectors are showing significant hiring gains [1] - Job seekers need to be strategic in geography, industry, and skill set to secure employment [1] Wage and Negotiation - Employees need to negotiate effectively during the hiring process [1] - Employees should equip themselves with as much information and leverage as possible [1] Diversity, Equity, and Inclusion (DEI) - Only 35% of LGBTQ+ professionals feel comfortable being their full selves at work [1] - LGBTQ+ professionals have a higher turnover rate due to unmet expectations regarding company inclusivity [1] - Companies should be evaluated for their commitment to inclusion through culture cues, employee resource groups, and network referrals [1][2] - Inclusive companies often have members of marginalized groups in leadership positions [3] - Companies with inclusive benefits like family planning support and gender-affirming care are more likely to have inclusive policies [3] - Shareholder votes against anti-DEI initiatives indicate a company's commitment to upholding DEI values [4][5]

中金公司分析认为，关税政策落地后，美国经济或面临三重压力：其一，进口放缓虽将缓解"抢进口"对GDP的拖累，但企业库存去化将直接压 低生产与投资；其二，消费者提前支出叠加物价上涨压力，或导致消费增速进一步放缓；其三，贸易伙伴反制措施可能削弱出口竞争力。港口 监测数据显示，5月初中国发往美国南加州主要港口的货运船舶数量环比减少29%，5月第二周抵港船舶量同比锐减44%，印证进口活动趋缓趋 势。 根据中金研报，尽管4月美国非农新增就业17.7万人，高于市场预期，但前两个月就业人数合计下修5.8万人，且失业率维持4.2%未反映真实就 业压力。挑战者裁员人数仍处高位、持续申领失业金人数升至2021年以来最高水平、3月JOLTS空缺职位下降等数据表明，劳动力市场供需关 系正在转向。中金团队认为，关税政策对贸易相关企业利润的挤压及服务业需求放缓的滞后效应，或使就业市场面临更大下行压力。 【环球网财经综合报道】中金公司最新研究报告分析认为，美国2025年一季度经济数据揭示增长动能弱化。尽管部分内需指标仍具韧性，但关 税政策冲击、库存去化压力及外部贸易环境恶化或将拖累二季度经济表现，美联储货币政策或因通胀风险维持紧缩，进一步加 ...

While interest rates might not fall all the way to 3% again, what about 4%? Even before the COVID-19 pandemic, rates lingered at or below 4%. Currently, rates are hovering in the low-to-mid-6% range. And while you should consider many factors when considering whether to buy a house — such as the costs of monthly payments and home maintenance projects — securing a low mortgage interest rate can lead to significant savings. Read more: The best mortgage lenders right now Will mortgage rates go back down to ...

Core Insights - The average 30-year mortgage rate has increased from below 3% in 2021 to over 6.25% currently, raising questions about the timing of home purchases [1][16] - Experts predict that mortgage rates are unlikely to return to the 3% range in the near future, with expectations of rates remaining above 6% through 2025 [2][7][17] Factors Influencing Mortgage Rates - The initial drop in mortgage rates to around 3% was largely due to the Federal Reserve's aggressive rate cuts in response to the COVID-19 pandemic, aimed at stimulating the economy [3][4] - Current higher mortgage rates are a result of the Federal Reserve's rate hikes to combat inflation, which rose to over 5% by 2022 [5][6] Future Predictions - Many experts anticipate that 30-year mortgage rates will remain above 6% for most of 2025, with only a slight potential decrease expected in 2026 [7][17] - The direction of mortgage rates will depend on various economic factors, including inflation and unemployment rates [7][14] Recommendations for Homebuyers - Timing the market is challenging; homebuyers are advised to purchase when it aligns with their financial situation rather than trying to predict rate changes [10][18] - Current homeowners with higher mortgage rates may consider refinancing, but should weigh the costs against potential savings [12][18] Strategies for Securing Lower Rates - Improving credit scores and reducing debt can help borrowers qualify for lower mortgage rates [15][20] - Comparing multiple lenders and negotiating fees can also lead to better mortgage terms [20]

Market Sentiment - The CNN Money Fear and Greed index showed a decline in overall market sentiment, remaining in the "Extreme Fear" zone with a current reading of 22.1, down from 22.7 [1][6]. Stock Market Performance - U.S. stocks settled lower, with the S&P 500 falling approximately 0.2% to 5,662.89, the Dow Jones decreasing by around 11 points to 41,953.32, and the Nasdaq Composite declining 0.33% to 17,691.63 [1][4]. Federal Reserve Insights - Federal Reserve Chair Jerome Powell downplayed concerns regarding tariffs potentially reigniting inflation, labeling their impact as "transitory." However, the Fed's latest projections indicated slower economic growth, rising unemployment, and hotter inflation [2]. Company Earnings - Darden Restaurants Inc. saw its shares gain around 6% due to stronger-than-expected earnings, while Accenture plc's shares dipped over 7% after issuing FY25 diluted EPS guidance below estimates [2]. Economic Data - The U.S. current account deficit decreased by 2.0% to $303.9 billion in the fourth quarter, compared to a revised deficit of $310.3 billion in the third quarter. Initial jobless claims rose by 2,000 to 223,000, slightly below market estimates of 224,000. The Philadelphia Fed Manufacturing Index fell to 12.5 in March from 18.1 in the previous month, against market estimates of 8.5 [3]. Sector Performance - Most sectors on the S&P 500 closed negatively, with materials, consumer staples, and information technology stocks recording losses. Conversely, energy and utilities stocks closed higher [4]. Upcoming Earnings - Investors are anticipating earnings results from NIO Inc., Carnival Corp., and MINISO Group Holding Ltd. [5].

A stagnant labor market is tough going for job seekers. Firms are slow to post positions and slow to fill them. As job searches drag on, more people file for unemployment assistance. But on a macro level, an uptick in unemployment can have a silver lining: When inflation slows and jobless numbers increase, the Fed moves to lower interest rates. That injects more money into the economy and, in theory, prompts firms to hire more workers. On the other hand, strong job growth and low unemployment have a down ...