The David Lin Report S&P To Hit 6,250 Then 30% Drop: 'Market Running Out Of Energy' Says Gareth Soloway
Jun 12, 2025
Gareth Soloway, Chief Market Strategist at Verified Investing, dives into whether the S&P 500's resurgence is truly a bull market or just a temporary spike. He discusses the impacts of U.S.-China trade relations and recent disappointing job reports. The conversation also explores Bitcoin’s resistance levels and trends in gold and silver, predicting gold could reach $4,000 to $5,000. Finally, Soloway examines bond yields and offers insights on navigating foreign investment amidst ongoing economic uncertainties.
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Trade Talks Drive Market Volatility
- The market reacted strongly to tariff news and trade talks between the US and China.
- Markets can keep rising as long as the economy holds up despite tariff volatility.
Labor Market Shows Cracks
- Headline job numbers appear solid but underlying labor market data shows cracks.
- Participation rates are falling and U6 unemployment creeping up, signaling weakening labor market.
Fed Will Delay Rate Cuts
- Fed is likely to delay rate cuts due to expected inflation increase from tariffs sticking.
- Oil prices holding low is currently anchoring inflation downward.