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cover of episode Jobs Data Next as Budget Bill, Trade Stay in News

Jobs Data Next as Budget Bill, Trade Stay in News

2025/7/2
logo of podcast Schwab Market Update Audio

Schwab Market Update Audio
AI Deep Dive AI Chapters Transcript
People
C
Colette O'Clare
K
Kathy Jones
M
Michael Townsend
Topics
Colette O'Clare: 我认为市场在长周末前可能会呈现区间震荡，特别是在关键的非农就业数据发布之前。此外，特朗普总统对日本的关税言论也可能引发华尔街的谨慎情绪，这增加了一层不确定性。 Michael Townsend: 我认为预算案虽然为投资者和公司提供了税收确定性，并暂时消除了债务上限问题，但它也确保了未来会出现巨大的预算赤字，这可能会引发债券市场的持续担忧。此外，众议院通过该预算案并非易事，尽管特朗普总统可能会施加压力以确保其通过。关税政策的不确定性也可能对各类企业造成影响。 Kathy Jones: 我认为JOLTS报告显示职位空缺增加，裁员减少，这是一个积极的惊喜。然而，我们也看到增长放缓的预期、通胀降低、利率下降以及对非美国投资的偏好正在压低美元，这反过来又增加了通胀压力。

Deep Dive

Chapters
The Senate's passage of a budget bill and its implications for investors and companies are discussed. The bill provides certainty on taxes and increases the debt ceiling, but also ensures massive budget deficits. The House's next steps and potential challenges are also addressed.
  • Senate approved a massive tax and spending bill
  • Bill includes a $5 trillion debt ceiling increase
  • House passage is uncertain due to changes from the May version
  • President Trump is expected to pressure the House for passage

Shownotes Transcript

Investors await jobs growth and layoff data along with tomorrow's key nonfarm payrolls report. The House takes up the budget after Senate passage, while the tariff deadline nears.

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