MORGAN STANLEY: “.. risks to employment growth have risen. .. A further rise in continuing claims would be a clearer signal of softening demand .. “.. Our Fed call remains intact, with the first 25bp cut coming in September and cuts at each meeting thereafter through mid-2025… pic.twitter.com/FF3a4c6Iu4

* lowest level since Apr 1st when the 10-yr yielded as low as 4.189% ⁦@CNBC⁩ pic.twitter.com/QKMbIvdybc

How much impact does the President have on the stock market? Doing a big live show with @ycharts next Tuesday (June 18) covering this topic and much more. Register link below, open to all... ycharts.zoom.us/webinar/register/7817146766569/WN_rnLrmHGGSaGbNan4-tcp4g#/registration pic.twitter.com/gUwHsZxkJS

Returns This Week Nasdaq 100 $QQQ: +3.5% S&P 500 $SPY: +1.6% Switzerland $EWL: -0.9% UK $EWU: -0.9% Netherlands $EWN: -1.7% Sweden $EWD: -2.1% Denmark $EDEN: -2.6% Belgium $EWK: -3.2% Germany $EWG: -3.8% Ireland $EIRL: -4.3% Spain $EWP: -4.5% Italy $EWI: -6.1% France $EWQ: -7.2%