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cover of episode Jobs Clock Starts Ticking, With Powell on Deck

Jobs Clock Starts Ticking, With Powell on Deck

2025/7/1
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Schwab Market Update Audio

AI Deep Dive AI Chapters Transcript
People
A
Alex Coffey
C
Colette O'Clare
L
Lizanne Saunders
M
Michael Townsend
Topics
Colette O'Clare: 本周市场将重点关注就业数据和美联储主席鲍威尔的讲话。职位空缺数据和辞职率是衡量劳动力市场健康状况的重要指标。我预计6月份非农就业人数将有所下降,失业率将保持稳定。此外,我提到市场对关税延期的预期以及个人支出数据的疲软。 Lizanne Saunders: 我认为分析师对第一季度财报的乐观情绪并未延续到后续季度,因此市场对第二季度财报的期望相对较低。更重要的是,投资者应关注公司对未来的展望,而非仅仅关注过去的报告数据。 Michael Townsend: 我主要关注华盛顿的预算法案。虽然参议院和众议院之间存在分歧,但来自白宫的压力可能会推动法案最终通过。这项法案将提高债务上限,从而降低市场波动性。

Deep Dive

Chapters
This chapter discusses the upcoming economic data releases, including the May job openings report and the June ISM manufacturing PMI. It also covers Federal Reserve Chairman Jerome Powell's speech and its potential impact on the market.
  • May job openings are expected to show 7.3 million openings.
  • June ISM manufacturing PMI consensus is 48.8 percent.
  • The CME FedWatch tool shows about 19 percent odds of a July rate cut and 93 percent chances of at least one cut by September.

Shownotes Transcript

Job openings kick off a host of labor-related data, and Powell speaks on a panel this morning. Budget and trade chatter are also top of mind as markets keep setting highs.

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