Christopher Garliss

ADP data showed business added just 62,000 jobs in March. JOLTS numbers showed workers remain more available than jobs. These numbers highlight the labor market remains soft. If you were hoping March would show the first signs of a hiring rebound, it didn’t… With oil prices climbing on the back of the Iran conflict, Wall Street is suddenly juggling two big questions: Where’s economic growth headed, and will the Federal Reserve be forced back into rate‑hike mode? Institutional investors are...

Editor’s note: Last week, I published an analysis on the elevated short wagers being placed against U.S. equities by quant‑driven strategies like Commodity Trading Advisors. At the time, I pointed out that if the tone between the U.S. and Iran were to shift toward an end to the current conflict, it could set the stage for a sharp rally in the U.S. stock market. Yesterday, Iran’s state‑backed Islamic Republic News Agency reported that President Masoud Pezeshkian “seeks to end the war.” That...

U.S. President Donald Trump told aides he’s willing to end the U.S. military campaign against Iran even if the Strait of Hormuz remains largely closed , according to administration officials; Trump and his aides assessed that a mission to pry open the chokepoint would push the conflict beyond his timeline of four to six weeks – WSJ . ( Why you should care – officials are considering diplomatic pressure to resume the free flow of trade through the Strait of Hormuz ) China's ​factory activity...