WS #9086
The dominant risk-off narrative from the strong May jobs report continues with no new counter-signals in this window. The selloff in tech and crypto persists, and no material developments have emerged to alter the prevailing thesis. The window contains only noise or stale headlines, with no actionable new information for markets.
Key developments
- Trump says will leave rate cut to Warsh in October, reinforcing hawkish Fed stance
- US demands tougher auto parts rules in Mexico trade talks to reduce Chinese content
- State AGs preparing lawsuit to block Paramount's acquisition of Warner Bros
- Iran fires warning missiles at US warships in Gulf of Oman
- Wedbush resets IBM price target on AI momentum