Bloomberg Intelligence US Job Openings Unexpectedly Rose in April and Hiring Picked Up
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Jun 3, 2025 Job openings in the U.S. unexpectedly rose, sparking discussions on market stability and interest rates. Layoffs also increased, presenting a mixed economic picture. The OECD downgraded global forecasts, highlighting the impact of trade policies. Meta's demand for energy soared as it ramps up AI efforts, prompting innovative strategies in the energy sector. The podcast dives into navigating market uncertainty, emphasizing long-term perspectives and the recovery of the S&P 500 amidst challenges. Insightful discussions reveal how technology trends are shaping the financial landscape.
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Mixed Signals in US Labor Data
- US labor data shows a mixed economic picture: job openings rose but layoffs also increased.
- A decline in quits suggests workers' pessimism about finding new jobs, signaling economic weakness.
Fed's Patience Amid Inflation Watch
- The Federal Reserve likely will hold off on changes at the June meeting.
- They await inflation data and the economic impact of tariffs before adjusting policies.
Bonds Support Amid Fiscal Concerns
- Investors hedge long bonds with puts, making long-end yields hard to push higher.
- Liability-driven investors buy treasuries yielding around 5%, supporting long-term bond prices.