Weekend Update 5/31/2026
Weekend Update recaps market highlights and major news from Ursa’s portfolio. Not on Ursa yet? Download Ursa from the App Store!
Inflation slides, oil falls and #RateHikes fears regress…
😌 Hike fears calming. PCE #Inflation data came in lower than expected for April. It offset rising #RateHikes fears following hotter CPI and PPI data earlier in the month. #RateHikes expectations have fallen down to 46% from ~60% last week.
🕊️ Waiting for peace. While still waiting for that elusive US-Iran peace deal, investors essentially see the #GlobalTension as over. They don’t expect the US has any appetite left to extend it and will concede concessions to get out. Oil futures tumbled this week and even gas is finally starting to slide as well.
🫠 Melting higher. Thanks to a perfect mix of cooling #Inflation data, sliding energy costs and relentless #AI optimism. The S&P 500 continues to melt higher ending the week up 1.4% as market optimism remains very high.
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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.