Markets, Meditations, and Mental Models

Super Brief: 172,000 Jobs, $1 Trillion Gone — Super Brief

7 min · Ayer
Portada del episodio Super Brief: 172,000 Jobs, $1 Trillion Gone — Super Brief

Descripción

172,000 Jobs, $1 Trillion Gone. The US economy added 172,000 jobs in May against a consensus of 85,000, with upward revisions adding 93,000 to the prior two months. Markets now price a rate hike by year-end for the first time since January. The Nasdaq fell 4.18% in its worst session since April 2025, and the selloff went global ov

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