Rebel Capitalist News Stocks Rip Higher!! Has The Recession Been Canceled?
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May 5, 2025 The podcast dives into the recent stock market surge, fueled by surprising job numbers that challenge recession predictions. It scrutinizes employment trends, especially in healthcare, and the political angles of labor data. The discussion highlights the effects of tariffs on various industries, revealing healthcare's resilience. Listeners are urged to stay attuned to economic indicators as the hosts strike a balance between cautious optimism and critical analysis of aggregating data.
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Stock Surge vs. Bond Caution
- The stock market surged on strong jobs data, sparking talk the recession may be canceled.
- However, bond market reactions suggest uncertainty about a Fed rate cut and economic sustainability.
Dollar Snapback Dynamics
- The US dollar recently dropped to a 97 handle before snapping back to around 100.
- A big liquidity event could shorten snapback times, but current liquidity conditions suggest a more prolonged basing pattern.
Gold’s Short-Term Downtrend
- Gold has recently plummeted after a big run-up, entering a downtrend toward resistance levels.
- Long term remains bullish, with a probable consolidation period before the next rise.