BREAKING: The US economy adds 172,000 jobs in May, crushing expectations of 85,000.
The unemployment rate was 4.3%, in-line with expectations of 4.3%.
April's jobs number was also revised UP by +64,000 jobs.
This marks the second strongest US jobs report in 13 months.
The US jobs report for May is out, and it includes a big upside surprise on both
1. Job Creation: A significant beat at 172,000 versus the 88,000 consensus forecast (and a "breakeven" rate of ~50,000); and
2. Revisions: The previous two months were revised up by a substantial 93,000.
Interestingly, the Household Survey reported an unchanged unemployment rate (4.3%) with constant labor force participation (61.8%)—both meeting consensus forecasts.
Meanwhile, annual average hourly earnings growth came in at 3.4%, as expected.
The Bottom Line: Look for this jobs report to push market expectations toward a more hawkish stance from the Federal Reserve.
#economy #jobs #employment #Unemployment #markets #federalreserve
The $NIO ES9 is about to reach the milestone of 10,000 vehicle deliveries.
It is worth noting that deliveries of the ES9 only began on May 28.
This shows that regardless of what tactics competitors may use to discredit you, when your brand strength, product capability, and design taste are already significantly ahead of the curve, such efforts are ultimately futile.
#NIO #ChineseCar #ChineseEV #ElectricCar #EV
Just heard during a financial television interview on equity investing: “ANY pullback is an opportunity to buy.”
This echoes quite a broad market belief -- conditioned by years of policy puts and outcomes-- that has increasingly ensured market corrections are remarkably limited in both magnitude and duration.
Yet the deeper this belief is embedded in the system, the greater the risk of unsettling volatility in the event of a serious challenge, whether from fundamentals, technicals, valuations, or all three.
#markets #investing #investors
The President fell asleep on the job again today.
I’m reposting the testimony of @SecRubio yesterday where he humiliated himself by repeatedly lying to Congress to save his job.
The American people trust their own eyes.
November is coming.
https://t.co/2G9Dpw7f56
SpaceX has officially announced that @Starlink now has over 12 million active customers, up from 10.2M in March 2026 and 9M last December.
Starlink added a record ~27,700 new customers on average per day since they hit 10.2 million customers.
The first Starlink version 3 satellites are expected to launch later this year, which will bring gigabit connectivity, a 20X in capacity and a massive increase in bandwidth.
🚨 BREAKING
🇺🇸 TRUMP TO MAKE A “HUGE” ECONOMY ANNOUNCEMENT FROM THE OVAL OFFICE AT 3:00 PM ET TODAY.
INSIDERS REPORT THAT HE WILL OFFICIALLY ADDRESS THE RECENT MARKET CRASH AND THE OIL CRISIS.
ALL EYES ON THE PRESIDENT TODAY!!
🚨 BREAKING
🇺🇸 FOMC PRESIDENT WILL MAKE AN EMERGENCY ANNOUNCEMENT TODAY AT 8:30 AM ET, RIGHT BEFORE THE U.S. MARKET OPENS!
SOURCES REPORT THEY’RE OFFICIALLY STARTING QE (MONEY PRINTING) AND INJECTING BILLIONS TO PREVENT ANOTHER MARKET CRASH.
EXPECT HIGH MARKET VOLATILITY!!
Read "One Scenario Has Oil Hitting $200 a Barrel and the World Tipping Into Recession — and the Strait of Hormuz Is the Trigger" on SmartNews: https://t.co/EEmi9YuQdi
Read "‘Definitely Having a Breakdown’: Trump’s Obsession With Himself Hits a Sickening New Low — Then Eagle-Eyed Fans Rip Apart the Explosive Detail He Hoped You Would Notice" on SmartNews: https://t.co/SnoGs09bkO