Weekend Update 5/9/2025
Weekend Update recaps market highlights and major news from Ursa’s portfolio. Not on Ursa yet? Download Ursa from the App Store!
#LaborMarket strong; #Inflation check next…
🙄 Negotiation limbo. Some aggressive #GlobalTension posturing by the US and Iran early in the week, but the ceasefire appears to still be holding up. Meanwhile, oil futures pulled back -7% this week, but gas prices are still ticking higher up 4%.
💪 Solid jobs. A strong April jobs report quieted some immediate economic fears. #LaborMarkets were stronger with private jobs and nonfarm payrolls topping expectations. Meanwhile, unemployment held steady at 4.3%.
📈 Rallies again. Markets rallied another 2% this week fueled by #AI earnings and resilient #LaborMarkets. It was a refreshing change of pace with something other than US-Iran #GlobalTension dominating market headlines.
No Ursa account yet? Download Ursa here!
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.