On June 5, Lindsey Rosner, head of multi-sector fixed income investment at Goldman Sachs Asset Management, commented on U.S. non-farm payrolls: Recent data indicates that we are increasingly confident that the Federal Reserve does not need to worry about labor market issues. The Fed will 'focus on inflation issues, and ultimately, the duration of this (Iran) war will determine the Fed's next actions.'
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Goldman Sachs: Employment is Not an Issue, Iran War Will Determine Fed's Next Move
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Yili Hua: US Stocks Correct as Expected, Decline Faster Than Anticipated
On June 5, Liquid Capital (formerly LD Capital) founder Yili Hua stated, "As we anticipated, US stocks have begun to correct, and expectations for interest rate cuts have changed. Trading is always the most challenging task; getting it right ten times and wrong once can lead to problems. It is essential to remain cautious and manage risks. The speed of this decline following the rebound has far exceeded expectations. However, it also comes with greater opportunities; historically, bear markets have been the time to make money, while bull markets often lead to losses." -
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