Weekend Update 7/6/2025
Weekend Update recaps market highlights and major news from Ursa’s portfolio. Not on Ursa yet? Download Ursa from the App Store!
June rally continues on surging market optimism for #Tariffs certainty and #RateCuts
😵💫 Jobs volatility. #LaborMarkets data was all over the map last week. Job openings surged along with strong June nonfarm payrolls while private employment turned negative. Markets rallied focusing on the jobs report, but we came away with more questions than answers.
🇻🇳 Vietnam tariffs. Vietnam agreed to 20% #Tariffs on all domestic imports along with a 40% tax on transshipments (good originating in other countries). Meanwhile, the July 9th deadline is rapidly approaching with reports for another delay.
📈 Rally on. So far, markets in July have continued where June left off－rallying on surging market optimism. The S&P 500 was up 1.7% for the week including up 1.2% to kick off July.
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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.