Job Market Overview - The US saw almost half a million new jobs created since the president took office [1] - Job gains were primarily seen in health care and construction sectors [1] - All job gains have been among native-born workers [3] - Strong job growth has occurred at 39% over the last year [9] - 84% of job growth has been in the private sector [12] Policy and Economic Impact - The administration emphasizes the positive impact of trade deals and tariff deals on American businesses [2] - The completion of "one big beautiful bill" is expected to stimulate investments [3] - The administration aims to lower interest rates to encourage business investment [7] - Deregulatory actions are being pursued to modernize, streamline, and cut costs for businesses; 63 deregulatory actions were issued in the first six months [22] Sector-Specific Concerns - There are concerns about downward revisions of 258,000 jobs over the last couple of months and only 73,000 jobs added recently [5] - Manufacturing has shed 11,000 jobs recently and 28,000 jobs over the past six months [15]

Watch as markets react to President Donald Trump formalizing an array of high tariff levels and trade deals he has announced in recent weeks. It is the latest escalation in his attempt to disrupt and reshape the global economic order. In a sweeping executive order, Trump made official his agreements with prominent trading partners such as the European Union, Japan, South Korea, the United Kingdom and the Philippines. Trump's order, which came hours before a self-imposed deadline for trade deals, also unilat ...

will take effect tomorrow. Does that include the new auto rates for instance on Japan, Korea, the EU. Is this all coming effective tomorrow.So the countries, some of the countries you just mentioned, Japan, South Korea, they have bespoke trade deals that the president would negotiate with countries all around the world to cut um tailormade trade deals depending on those countries. Challenges of the our 18 major trading partners, twothirds of those trading partners have a deal. We've sent out 17 letters to c ...

I remember when I was here about 90 days ago, and I told you he's going to walk these back. The the the the tariffs that he announced on Liberation Day would have crushed the American economy. They would've been bad for consumers, ultimately bad for Trump's political standing.Wildly unpopular around the Hill. And that we should expect him to walk it back. And we have seen a steady walk back of those to the point where he started getting embarrassed.Right. The so-called taco trade ever. You know, Trump's alw ...

Trade Deals & Investments - The US is aligning trade deals with the EU with investments in the US, particularly in the energy sector [2] - EU's commitment to energy creates opportunities for US LNG exports [2] LNG Market Dynamics - Sanctions on Russia are expected to increase the EU's need for LNG imports from the US [3] - LNG terminals require years to implement, highlighting the long-term nature of LNG infrastructure [3] Company Positioning - Cheniere Energy (Sheener/Shaneer) is well-positioned to benefit from increased LNG demand in the EU [2][3] - Cheniere Energy shares are up approximately 15% [3]

Monetary Policy & Interest Rates - The Federal Reserve (FED) maintained unchanged interest rates, citing inflation risks, but two governors dissented, favoring a rate cut [1][46] - Markets priced out the possibility of a September rate cut, reducing expectations from 45 basis points to around 30 basis points for rate cuts by year-end, interpreting the FED as hawkish [2] - The Bank of Japan (BOJ) held benchmark interest rates but raised its inflation outlook, hinting at a potential rate hike in the coming months, possibly in October [51][52][58] Trade & Tariffs - President Trump imposed a 15% tariff on South Korean exports, with Seoul agreeing to invest $350 billion in the U S and buy $150 billion in energy products [1][9] - India faces a 25% tariff rate, potentially higher due to Russian energy purchases, which is perceived as a less favorable deal compared to South Korea's 15% [1][14][50] - Trade deals involve countries committing to invest in the U S and purchase energy products, with a common tariff rate around 15% to 20% [11][25] Company Earnings & Performance - Standard Chartered reported a second-quarter beat with $24 billion versus estimates of $19 billion, announcing a $13 billion buyback and projecting growth in the 52% to 7% range [6][7][8] - Meta and Microsoft posted strong earnings, with Meta projecting increased capital expenditures for AI investments and Microsoft reporting Azure cloud growth of 39% and $25 billion in Azure revenue [26][31][34] - Samsung's quarterly profit fell short of expectations due to export controls on high-bandwidth memory chips [36] Geopolitical & Regional Developments - Canada is planning to recognize a Palestinian state at the United Nations summit in September, a move rejected by Israel [1][37] - Bain is winding down its consulting operations in South Africa due to accusations of corrupt and fraudulent practices related to a contract with the country's tax agency [69][70][71] - Ghana lowered its interest rate to 25% from 28% after a significant slowdown in inflation [76]

Andrew, we will not surprise you to learn that President Trump has taken a truth social after the GDP news and says this is another example of why he thinks quote too late Powell needs to cut rates. Uh but that's not the only thing he's posting about this morning. He's announced some tariffs on India.Uh and reaffirming that the August 1st deadline stands for the other countries to get these trade deals done. We know that deadlines in the past for Trump have have slid. um he's claiming this time it won't wel ...

GDP Growth & Economic Strength - US economy grew stronger than expected in Q2, driven by trade balance and consumer strength [1] - Strong GDP growth and income growth were observed [2] - The GDP release showed overall economic strength [4] - Real income grew by 3% [7] Tariffs & Trade - $127 billion in tariffs were collected [3] - Imported goods prices have dropped, suggesting foreign producers are bearing tariff costs [6] - Revenue from tariffs is important for deficit reduction [19] - Approximately 40% of imports have a 10-15% tariff [21] - The EU and Japan have agreed to spend $1 trillion in America with capital formation [21] Government Spending & Employment - Government spending saw a 5% drop [3] - There are 70,000 fewer federal employees [3] Housing & Construction - Construction spending was a point of weakness in the numbers [10] - Construction projects were held up due to anticipation of the "big beautiful bill" [11] Monetary Policy - Core PCE is at 21% [8][14] - The White House respects the Federal Reserve's independence and analysis [14]

Now, closing bell on Wall Street announced market domination overtime. We're giving you full team coverage of all the moves, get you up to speed on the action from today's trade. RBC Capital Markets, Amy Woo Silverman, as well as Yahoo Finance's Jared Blickery joining us here to break down the move today.Jared, let's start with you, my friend, on that close. All right, after we last talked one hour ago, we saw a little bit worse prices in the Dow. We hit the low of the day about 30 minutes ago.Then off thos ...

What can you tell us was agreed to in the room, if anything. Any specific agreements on any of those agenda items that you set up in the in the pregame, as you called it. Uh, well, we we continually uh are perfecting their rare rare earth control system.It was a new system that was put in globally on April 4th and it's been a bit clunky. So you know we we keep pushing them to uh work on that and it's the entire global supply chain because uh the restrictions or the controls aren't just on the US it's on eve ...