June 5, 2025 • 6 mins
Investors hit the brakes yesterday as two economic reports didn't quite live up to expected results analysts were looking for. Tim takes a look at those and the resulting numbers.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
How are you, mister Wheetrome Bred.
Speaker 2 (00:03):
I'm fantastic Thursday, of.
Speaker 3 (00:05):
Course, you're fantastic. We're one day closer the weekend. Even
though Wallster yesterday kind of stalled out a little bit,
investors hit the brakes just a.
Speaker 1 (00:14):
Tad that may change again. Today.
Speaker 3 (00:17):
We had a couple of reports that didn't really say
what we thought they were going to say.
Speaker 1 (00:21):
So, but let's get into the numbers. Crunch some numbers
for me.
Speaker 2 (00:25):
Yeah, it's stalled the market. What came out was the
eighty p Report, which is uh, it's companies hiring and
last month it was at sixty thousand. They were expecting
one hundred and ten thousand, so it's telling people to
hire companies to hire more. It came in at thirty
seven thousand.
Speaker 1 (00:43):
Holy moly. Yeah.
Speaker 2 (00:45):
So therefore the Fed chairman just got a new name.
And HiT's too late Powell.
Speaker 1 (00:51):
Too late Powell.
Speaker 2 (00:52):
All right, well we'll too late Powell. That's putting out
there that he needs to cut rates. And the the
treasuries they started coming down with their interest rates. They've
you know, we touched a few weeks ago, about four
and a half on that tenure. We're now sitting at
four point three five the two years sitting at three
(01:12):
point eight eight. So they went down a little bit,
and they're kind of indicators of saying, hey, things need
to go down a little bit. But now the Fed,
uh to a. Powell has some decisions to make. And
again he's not supposed to be pushed around by the President.
He's supposed to make his own decisions on what he
does because he's like not included in the group and
he's just looking at the economy. So we're gonna see
(01:33):
what he's gonna do. But I think they're too.
Speaker 1 (01:36):
Bad an investor.
Speaker 3 (01:39):
An investor think, m okay, So you know the guys
at schwob and the guys that you know, your organization
and all these people and all the guys guys over
capital investment and everything else. Mm hmm, do they think
that Powell should do what the president says?
Speaker 1 (01:58):
Or would they like to see will do what the
Fed does?
Speaker 2 (02:06):
I think it'll wait and see. Right now is kind
of interesting, and I think that's a lot of a
lot of people are saying. But you know, if he
cuts rates, uh, it could bring down the mortgage that
it could bring down the mortgage rates. And that's going
to stimulate even more. And when that happened, let's talk
about the stocks that popped yesterday because we had home
builders h d R, Horton, Poulte Group, Lanaire all rows
(02:30):
more than three percent based on that news. Now today,
well let me let me get where the indices ended
the day at. We had the Dow down ninety one
point nine, which is only point two two percent. The
S and P actually was positive point four to four,
which is point zero one. It's flat, but it's green.
(02:53):
The NAZDAC up sixty one and a half points, which
is point three to two of percent. So all on all,
not a bad day, and right now the futures are
pushing up. But again we don't know until four o'clock
because we could dance around and any news could come
out during the day, and we have some more reports
coming out this morning. But it wasn't all around bad day.
(03:13):
But yeah, if they cut rates, of course the market
is going to be stimulated because it allows us to
go out and loan more money to stimulate the economy
at a cheaper rate. But they're really not a lie.
I mean, in reality, yes, these rates are a little
higher than where they've been, but you and me, Fred,
we've been around a while.
Speaker 1 (03:31):
Yeah.
Speaker 2 (03:34):
Yeah, and we've seen mortgage rates a lot higher before.
I think my first mortgage was like nine.
Speaker 1 (03:40):
Oh yeah, when I when I think, I think when.
Speaker 3 (03:43):
I bought the first house, it was probably around eight
something if I'm not if I'm not mistaken. Yeah, so
they've been Yeah, it comes, it comes, and it goes.
But I think what people want to see, you know,
when you get when you start to get bullied like that,
people say, yeah, why doesn't he do with the resident
says the president knows what's right. This guy should just
(04:03):
go ahead and do it. I've never seen the Fed
just go you know what. Yeah, we're just gonna take
it advice. We're gonna go ahead and cut the raids.
Speaker 2 (04:11):
That never did. Like a, this is a repeat where
we were when he was president before because he was
because actually they raised rates a little bit and he
was going off when oh my goodness, and he kept
saying lower. Eventually they're lowerm and we were off to
the races again. Yea, So will he lorm just because
the president Trump's barking at him. No, But again it's
(04:33):
it's all up to the FED group. When they get
together in their decisions when they meet.
Speaker 1 (04:37):
Now, when when is the next one?
Speaker 2 (04:38):
I'm sure they're talking about. That's a good question, Fred,
I believe I'd have to look it up. I'll get
to you. I didn't have that right in front of you.
As soon as I said that, I knew you we're
gonna ask me. Thanks, not a problem.
Speaker 1 (04:51):
Well, we did, and we did have some winners yesterday.
Speaker 3 (04:53):
I mean companies who would benefit from lower interest rates
when the treasury yields well, some companies, you know, home builders,
a bunch of those guys.
Speaker 2 (05:04):
About the ones I mentioned are yes, they popped over
three percent. But we had other companies that were that
did well. We had the and we get that right
in front of me. We had on semiconductors because the
NASAG was running, but this was in the SMP that
was up six point one four. We had door Dash
up over three percent, just a hair over it. But
(05:24):
Bilver's first source it was also up two point three percent.
So those are some good ones. But dollar three was
negative at eight point three seven. They didn't hit expectations.
Crowd Strike it was down five point seven seven. And
getting back to your previous question, Fred, the that is
going to meet on the seventeenth and eighteenth of June.
Speaker 1 (05:46):
Excellent, all right, so we'll keep an eye for that.
Speaker 3 (05:48):
Now today, any more reports you can shake things up
that you're aware of.
Speaker 2 (05:52):
Oh yeah, we have the initial jobless claims coming out
at eight thirty. This morning, we have US productivity, but
this US jobs or to the initial job thos claims
at eight thirty. And then Friday we have the unemployment
rate coming out. We're going to watch.
Speaker 3 (06:07):
We got two busy days coming up. If you need
to get a hold of Tim before then, because you're well,
because you have questions, give them a call four one
nine eight two four thirty three hundred. Timw at Wetrowadvisors
dot com on Facebook and sign up for their free newsletter.
Advisory services are offered through Capital Investment Advisory Services l LC.
(06:30):
Securities are offered through Capital Investment Group, a member of
FINRA SIPC
How are you, mister Wheetrome Bred.
Speaker 2 (00:03):
I'm fantastic Thursday, of.
Speaker 3 (00:05):
Course, you're fantastic. We're one day closer the weekend. Even
though Wallster yesterday kind of stalled out a little bit,
investors hit the brakes just a.
Speaker 1 (00:14):
Tad that may change again. Today.
Speaker 3 (00:17):
We had a couple of reports that didn't really say
what we thought they were going to say.
Speaker 1 (00:21):
So, but let's get into the numbers. Crunch some numbers
for me.
Speaker 2 (00:25):
Yeah, it's stalled the market. What came out was the
eighty p Report, which is uh, it's companies hiring and
last month it was at sixty thousand. They were expecting
one hundred and ten thousand, so it's telling people to
hire companies to hire more. It came in at thirty
seven thousand.
Speaker 1 (00:43):
Holy moly. Yeah.
Speaker 2 (00:45):
So therefore the Fed chairman just got a new name.
And HiT's too late Powell.
Speaker 1 (00:51):
Too late Powell.
Speaker 2 (00:52):
All right, well we'll too late Powell. That's putting out
there that he needs to cut rates. And the the
treasuries they started coming down with their interest rates. They've
you know, we touched a few weeks ago, about four
and a half on that tenure. We're now sitting at
four point three five the two years sitting at three
(01:12):
point eight eight. So they went down a little bit,
and they're kind of indicators of saying, hey, things need
to go down a little bit. But now the Fed,
uh to a. Powell has some decisions to make. And
again he's not supposed to be pushed around by the President.
He's supposed to make his own decisions on what he
does because he's like not included in the group and
he's just looking at the economy. So we're gonna see
(01:33):
what he's gonna do. But I think they're too.
Speaker 1 (01:36):
Bad an investor.
Speaker 3 (01:39):
An investor think, m okay, So you know the guys
at schwob and the guys that you know, your organization
and all these people and all the guys guys over
capital investment and everything else. Mm hmm, do they think
that Powell should do what the president says?
Speaker 1 (01:58):
Or would they like to see will do what the
Fed does?
Speaker 2 (02:06):
I think it'll wait and see. Right now is kind
of interesting, and I think that's a lot of a
lot of people are saying. But you know, if he
cuts rates, uh, it could bring down the mortgage that
it could bring down the mortgage rates. And that's going
to stimulate even more. And when that happened, let's talk
about the stocks that popped yesterday because we had home
builders h d R, Horton, Poulte Group, Lanaire all rows
(02:30):
more than three percent based on that news. Now today,
well let me let me get where the indices ended
the day at. We had the Dow down ninety one
point nine, which is only point two two percent. The
S and P actually was positive point four to four,
which is point zero one. It's flat, but it's green.
(02:53):
The NAZDAC up sixty one and a half points, which
is point three to two of percent. So all on all,
not a bad day, and right now the futures are
pushing up. But again we don't know until four o'clock
because we could dance around and any news could come
out during the day, and we have some more reports
coming out this morning. But it wasn't all around bad day.
(03:13):
But yeah, if they cut rates, of course the market
is going to be stimulated because it allows us to
go out and loan more money to stimulate the economy
at a cheaper rate. But they're really not a lie.
I mean, in reality, yes, these rates are a little
higher than where they've been, but you and me, Fred,
we've been around a while.
Speaker 1 (03:31):
Yeah.
Speaker 2 (03:34):
Yeah, and we've seen mortgage rates a lot higher before.
I think my first mortgage was like nine.
Speaker 1 (03:40):
Oh yeah, when I when I think, I think when.
Speaker 3 (03:43):
I bought the first house, it was probably around eight
something if I'm not if I'm not mistaken. Yeah, so
they've been Yeah, it comes, it comes, and it goes.
But I think what people want to see, you know,
when you get when you start to get bullied like that,
people say, yeah, why doesn't he do with the resident
says the president knows what's right. This guy should just
(04:03):
go ahead and do it. I've never seen the Fed
just go you know what. Yeah, we're just gonna take
it advice. We're gonna go ahead and cut the raids.
Speaker 2 (04:11):
That never did. Like a, this is a repeat where
we were when he was president before because he was
because actually they raised rates a little bit and he
was going off when oh my goodness, and he kept
saying lower. Eventually they're lowerm and we were off to
the races again. Yea, So will he lorm just because
the president Trump's barking at him. No, But again it's
(04:33):
it's all up to the FED group. When they get
together in their decisions when they meet.
Speaker 1 (04:37):
Now, when when is the next one?
Speaker 2 (04:38):
I'm sure they're talking about. That's a good question, Fred,
I believe I'd have to look it up. I'll get
to you. I didn't have that right in front of you.
As soon as I said that, I knew you we're
gonna ask me. Thanks, not a problem.
Speaker 1 (04:51):
Well, we did, and we did have some winners yesterday.
Speaker 3 (04:53):
I mean companies who would benefit from lower interest rates
when the treasury yields well, some companies, you know, home builders,
a bunch of those guys.
Speaker 2 (05:04):
About the ones I mentioned are yes, they popped over
three percent. But we had other companies that were that
did well. We had the and we get that right
in front of me. We had on semiconductors because the
NASAG was running, but this was in the SMP that
was up six point one four. We had door Dash
up over three percent, just a hair over it. But
(05:24):
Bilver's first source it was also up two point three percent.
So those are some good ones. But dollar three was
negative at eight point three seven. They didn't hit expectations.
Crowd Strike it was down five point seven seven. And
getting back to your previous question, Fred, the that is
going to meet on the seventeenth and eighteenth of June.
Speaker 1 (05:46):
Excellent, all right, so we'll keep an eye for that.
Speaker 3 (05:48):
Now today, any more reports you can shake things up
that you're aware of.
Speaker 2 (05:52):
Oh yeah, we have the initial jobless claims coming out
at eight thirty. This morning, we have US productivity, but
this US jobs or to the initial job thos claims
at eight thirty. And then Friday we have the unemployment
rate coming out. We're going to watch.
Speaker 3 (06:07):
We got two busy days coming up. If you need
to get a hold of Tim before then, because you're well,
because you have questions, give them a call four one
nine eight two four thirty three hundred. Timw at Wetrowadvisors
dot com on Facebook and sign up for their free newsletter.
Advisory services are offered through Capital Investment Advisory Services l LC.
(06:30):
Securities are offered through Capital Investment Group, a member of
FINRA SIPC
Popular Podcasts
Bookmarked by Reese's Book Club
Welcome to Bookmarked by Reese’s Book Club — the podcast where great stories, bold women, and irresistible conversations collide! Hosted by award-winning journalist Danielle Robay, each week new episodes balance thoughtful literary insight with the fervor of buzzy book trends, pop culture and more. Bookmarked brings together celebrities, tastemakers, influencers and authors from Reese's Book Club and beyond to share stories that transcend the page. Pull up a chair. You’re not just listening — you’re part of the conversation.
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com