Thursday, July 02, 2026. U.S. added just 57K jobs in June, unemployment 4.2% — rate hike talk just died. Dow ripped. Trump bought $AAPL, $NVDA and other tech giants right before reversing his own tari

$NVDA’s longtime sales chief is out, but the company’s already pivoting — offering startups compute-for-revenue deals and betting big on a trillion-dollar robotics boom. Trump’s pre-flip tech buys add a whole new layer of sketchy. 10Y yield at 4.44%, breakevens holding 2.24%. Fed balance sheet up $31B but reserves dropped $115B. Soft payrolls just made a June hike a fantasy. Oil at 4-month lows adds fuel to the disinflation trade. Mega-fund dominance is flashing fresh systemic risk alerts. China quietly tests the waters on easing capital controls, NDRC talking with Indonesia. Yen chaos and JGB spike show the global rate mess isn’t just a U.S. story. So what? Soft data everywhere — jobs, oil, yen turmoil — is drowning the hawkish Fed narrative. Tech still gets bought on dips, especially if you’re Trump. If next week’s CPI comes in cool, a dovish pivot is the whole ballgame. Quant Picks (model confidence >= 70): $EIX — +5.5% vs Utilities (6m), confidence 100 $CLX — +4.0% vs Consumer

$NVDA’s longtime sales chief is out, but the company’s already pivoting — offering startups compute-for-revenue deals and betting big on a trillion-dollar robotics boom. Trump’s pre-flip tech buys add a whole new layer of sketchy.