6 Jun 2025
U.S. May. Nonfarm Payrolls: 139K, [Est. 130k, Prev. 177K]
May. Unemployment Rate: 4.2%, [Est. 4.2%, Prev. 4.2%] May. Average Hourly Earnings (MoM): 0.4%, [Est. 0.3%, Prev. 0.2%] May. Average Hourly Earnings (YoY): 3.9%, [Est. 3.7%, Prev. 3.8%] Source: Bloomberg
![U.S. May. Nonfarm Payrolls: 139K, [Est. 130k, Prev. 177K]](https://blog.syzgroup.com/hubfs/10-Jun-06-2025-02-36-54-5263-PM.jpg)
6 Jun 2025
U.S. treasury just bought back $10 billion of its own debt, the largest buyback ever
Source: Department of the Treasury
5 Jun 2025
ECB lowered interest rates for the 8th time in a year after inflation dipped <2% and the economy suffered repeated blows from US tariffs.
ECB cut the deposit rate by 25bps to 2% and reiterated that it’s not pre-committing to a particular path. ECB balance sheet shrank to €6.3tn. Note that ECB deposit rate has fallen below the German inflation rate for the first time since September 2023. Source: HolgerZ, Bloomberg
5 Jun 2025
Elon Musk: "Flatten the curve"
Source: Future timeline
5 Jun 2025
World debt has now officially crossed $300 trillion
And still continues to climb aggressively Source: Bravos Research
4 Jun 2025
US private sector hiring rose by just 37,000 jobs in May, the lowest in more than 2 years… Trump had this to say 👇
Source: Stocktwits
4 Jun 2025
Elon keeps pounding the table on the fiscal & debt side...
He probably feels that D.O.G.E didn't go far enough...
4 Jun 2025
China's manufacturing activity plunges to lowest level since September 2022 📉
Source: Barchart, LESG
