Dan is flying solo to discuss a better-than-expected June jobs report, a strong market performance with the SPX and NDX seeing significant gains, and specific stock performances like Nvidia and Taiwan Semi as major tech leaders. The discussion also includes the impact of Trump's trade deals, geopolitical tensions, and sentiment indicators like CNN's Fear & Greed Index. Lastly, the episode touches on the implications of OPEC's decision on oil production and the upcoming events such as the Fed meeting minutes and initial jobless claims.
Further Reading
- Trump Sets Aug. 1 Start for Tariffs Ahead of Wednesday Deadline (Bloomberg)
- Donald Trump threatens extra 10% tariff over ‘anti-American’ Brics policies (Financial Times)
- Looking Beyond the U.S. for Trade, Canada Begins Shipping Natural Gas to Asia (NYTimes)
- OPEC Plus Agrees to Pump More Oil in August (NYTimes)
- Chinese sales of foreign phone makers, including Apple, drop 9.7% in May (Reuters)
- Meme Stocks and YOLO Bets Are Back and Fueling the Market’s Rally (WSJ)
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