Investors are watching the House of Representatives as it prepares to vote on President Trump's mega bill while also awaiting the June jobs report. Let's bring in Drew Mattis, head of the global economic and market strategy team at Metife Investment Management. Drew, great to have you with us.Um, first, because they're discussing it as we speak in Congress, the bill, how important is that to your overall market outlook for later this year in terms of getting those tax cuts extended. Well, without the tax cu ...

A July rate cut by the Fed could be in play if today's jobs report is weak https://t.co/a9056ty4sA ...

Virtus Investment Partners (VRTS) shares rallied 6.3% in the last trading session to close at $200.71. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 10.5% gain over the past four weeks.Virtus Investment stock increased in price for the second consecutive trading session. The broader market optimism surrounding potential trade agreements and increased expectations of earlier-than-anticipated interest rate cu ...

Turkey’s annual inflation slowed faster than expected in June, reinforcing the prospect of an impending resumption of interest-rate cuts https://t.co/dYamkD4PDg ...

We're sitting near all time highs, so things are pretty good. But would you say they're irrationally good right now. Yeah, You know, look, I think markets went through a period of a near 20% correction.So keep that in mind. So we're recovering from that. In fact, on a year to date basis, the S&P is up only 4 to 5%.So I wouldn't say yet we're experience any any period of irrational exuberance, but we do know when momentum begins, it tends to continue and markets can overshoot to the upside and can also overs ...

And my next guest says the slide isn't over yet. Marco Pipe is chief strategist at BCA research. Marco been eager to check in with you with everything that's happened geopolitically and otherwise the past couple of weeks. But let's start with some of these market moves the long end not look you know treasuries obviously the UK we I don't know if you want to get into that those bond rates moving higher um with some concern about the budget bill. How would you describe the signals that were um being sent here ...

Market Catalyst anchor Brad Smith breaks down the latest market movers for July 2, 2025. President Trump's tax bill faces an uphill battle as it heads to the House after narrowly passing the Senate. Any changes to the bill would send it back to the Senate and make reaching the president's deadline difficult. Wall Street Journal Chief Economics Correspondent Nick Timiraos speaks with Brad about the outlook for Fed rate cuts as the ADP report showed an unexpected decline in private payrolls in June. This cont ...

Speaking of the weak dollar, my next guest has three names that should benefit from that. Or maybe it's the whole market as we were just discussing. Michael Caneritz is here.He's the chief investment strategist at Piper Sandler. It's great to see you. You too.What What is the the sort of top level effect of a dollar being down 10%. I mean, is it supportive for stocks. What happens if it continues. What happens if it doesn't.I I think it's positive. I mean, at least that's what I've we've observed through mo ...

We've got ADP crossing the wires. Let's get to him. Minus 33,000.ADP saying that uh non-farm payrolls declined by 33,000. That's substantially below for the second month in a row the estimate of a 100,000. It is the only decline since March of 2023.Good sector not doing too badly of 32,000. The losses appear to come from the services sector. We'll show you details in a second of - 66,000.And there's the non-farm payroll estimate which includes government and the private sector for tomorrow, Thursday. Rememb ...

Markets may hate uncertainty, but in 2025, they seem to love volatility. Despite cloudy and, at times, contradictory economic indicators, the NASDAQ and S&P 500 indices reached all-time highs to close out the second quarter. Should investors expect more of the same in the year's second half? There is likely to be more clarity about monetary and tariff policy. Analysts also expect companies to report solid earnings in the next quarter, particularly in the tech sector, where the AI trade continues to gain ste ...