Big beat = risk of no cuts in September

Job comes inline = 25BPS cut in September

Big miss = Market will price in 50 Bps cut in September

#NFP
#STOCKS
#RECESSION

US GDP: 28.65 Trillion
US Market Cap: $55.14 Trillion

Markets have gained over $29T in market cap in the 4 years since the Covid lows when US market cap hit $25.9T. That's a gain of more than annual US GDP.
Unprecedented market cap expansion in just 4 years.

#STOCKS
#DEBT
#GDP

Billionaire hedge fund manager and Trump donor John Paulson told Fox Business that he will sell his stocks if Kamala Harris wins the presidency in November.

"I'd go into cash and l'd go into gold because I think the uncertainty regarding the plans they outlined would create a lot of uncertainty in the markets and likely lower markets," Paulson said on "The Claman Countdown."

Paulson was particularly focused on Harris' proposal to levy a 25% tax on unrealized gains for individuals worth more than $100 million. He says such a measure could trigger major asset-dumping across the economy, and broader catastrophe for markets.

#GOLD
#GLD_ETF
#STOCKS
@Sharifazadeh