Let's stick with the market this morning and video shares are a bit lower despite reporting that beat on the top and the bottom lines. The sticking point for the street appears to be the data center revenues that did miss estimates uh intensifying China competition fears. Let's bring in Dan Niles of Niles Investment Management founder and portfolio manager and get his reaction.Dan, good to see you again. Thanks Carl for having me on. Um all right, so what was your takeaway from the print.Well, first I'm goi ...

RT Fred Krueger (@dotkrueger)Fed will cut rates 25 bp in a month.It will be the first of many rate cuts.As Jordi Visser says "they will run it hot"AI is exploding and AI is massively deflationary.Bessent is skating to where the AI puck will be.Forget the PPI.Focus on the jobs numbers.Buy Bitcoin. ...

Payroll Analysis - Initial market reaction to headline payroll numbers may be overstated, requiring deeper analysis [1][4][5] - Private payrolls show a slowdown, below 68,000 and the six-month average, indicating a softening job market [3][4] - Government payrolls present a mixed picture, with federal government down due to cuts, while state and local government is up, potentially due to education workers returning [2] - Payroll revisions were surprisingly positive, contrasting with expectations of a downward revision [8] - Overstated payroll figures raise concerns about underlying weakness in the job market [7] Economic Outlook - The payroll data validates a broader economic slowdown, consistent with a mid-cycle slowdown rather than a recession [11][12] - Market valuations may be disconnected from the economic slowdown, requiring caution [12] - Potential for a stimulative bill from Washington D C, could be conducive to risk assets [9] Corporate Impact - Corporate profit margins and reactions are crucial to watch, with the impact still unfolding [6][8] - Layoff environment remains benign, but its sustainability needs monitoring [8] Monetary Policy - The Fed is expected to cut rates in September and potentially later this year [10]

Market & Economic Outlook - President Trump's tax bill faces challenges in the House after a narrow Senate passage, potentially delaying the president's deadline [1] - Unexpected decline in private payrolls reported by ADP in June raises concerns about the economy's strength and consumer confidence [1] - Wall Street Journal's Nick Timiraos discusses the outlook for potential Federal Reserve rate cuts in light of the weak ADP report [1] Resources & Information - Yahoo Finance provides free stock ticker data, news, and portfolio management resources [1] - Yahoo Finance app available on Apple (https://apple.co/3Rten0R) and Android (https://bit.ly/3t8UnXO) [1] - Stay updated with Yahoo Finance on social media platforms like X, Instagram, TikTok, Facebook, and LinkedIn [1]

All eyes are on the Fed, waiting to see when they will cut rates. We take a look at what a lower fed funds rate means for your debt and money. Saving for retirement and building wealth is an important goal, but knowing how to use tax-advantaged accounts like Roth IRAs, 401(k)s, IRAs, and HSAs can make a big difference in reaching your financial goals. Many retirees will have to take required minimum distributions, also known as RMDs, once they reach a certain age. We explain what RMDs are and how to avoid p ...

FICC Research Economics 2 May 2025 US Outlook Holding patterns Tariff crosscurrents continued to complicate the dataflow into April, sending mixed signals about activity amid a strong frontrunning dynamic. This week's combination of solid labor market data and weak GDP is unlikely to draw the Fed from the sidelines. We now assume the next cut will be in July. Another solid month for the labor market... Nonfarm payroll employment posted a solid 177k gain in April (Barclays: 125k; consensus: 138k), confoundin ...