Weekend Update 6/7/2025
Weekend Update recaps market highlights and major news from Ursa’s portfolio. Not on Ursa yet? Download Ursa from the App Store!
Markets pop on strong headline #LaborMarkets data, but a deeper dive has us questioning the euphoria…
🤷♂️ More tariffs. Markets mostly ignored early week #Tariffs drama as the White House bickered with China and doubled the global steel and aluminum #Tariffs. Later in the week, a call between US and China leaders was also mostly shrugged off.
💼 Strong jobs report. Mixed #LaborMarkets data ahead of Friday’s jobs report. However, strong headline numbers drove the end of week rally. May jobs were softer, but not too soft. However, March and April revisions have us still questioning the true reliability of #LaborMarkets.
📈 Stock rally. The S&P 500 finished the week up 1.5% largely thanks to Friday’s jobs report rally. Equity investors may think we’re in the clear now, but we’re still seeing apprehension in other markets like bonds where interest rates continue to climb.
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The statements, opinions and analyses presented here are provided as general information. This article is the opinion of the author. Anything within this article should NOT be considered an investment recommendation or advice. See Ursa’s full disclosures here.