Global Macro Update: Month Ending June 30, 2020

The following is a brief, hopefully easy to understand, explanation of where we feel global markets presently stand. 

John Murphy explains why markets are up today...

WEAK JOBS REPORT LOWERS ODDS FOR SEPTEMBER RATE HIKE -- STOCKS LIKE THE NEWS -- TWO-YEAR TREASURY YIELD DROPS -- WEAKER DOLLARS LIFTS COMMODITY PRICES AND STOCKS TIED TO THEM -- EMERGING MARKETS LEAD FOREIGN BOUNCE -- DOW INDUSTRIALS BOUNCE OFF CHART SUPPORT

By John Murphy

DISAPPOINTING JOBS REPORT... This morning's August jobs report saw a gain of 151,000 jobs versus estimates for a gain

OH BOY! Stuff is on SALE!!!

OH BOY!! Stuff is on SALE!!!

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