“.. Is this China rally for real? My reply: Yes. .. We have seen our most China activity on the desk this week in 2024 via a mix of investor types. We think is more than just short covering .. We have had notable Long Only demand, this is new.”

- GS desk / Rubner $FXI 🇨🇳

So fresh and so green green 🌿.

Judge Merchan, helping a litigation newbie understand the rules.

Merchan instructed Trump that gag order doesn’t prevent him from testifying at his criminal trial, correcting a comment Trump made Thursday.
“You have an absolute right to testify at trial if that’s what you decide to do after consultation with your attorneys,” Merchan said.

S&P eyeing the 50-day moving average. A close above [5129] would be the first in three weeks.

⁦CNBC⁩ $SPX

JPMORGAN: “.. Overall, this was a downbeat report, and, combined with the 1.1-pt drop in the manufacturing #ISM earlier this week, the composite index dropped to 49.4 from 51.3 in March, also near a cycle low ..”

BREAKING: Judge corrects Trump for lying outside court yesterday

Trump said gag order prevented him from testifying

Judge: you have an absolute right to testify at trial or not & gag order has nothing to do with it

Merchan is not tolerating Trump's disinfo campaign!

#SDgov

Tesla Cyber Truck stuck on a #Nantucket beach today.

Can’t make it up

GOLDMAN: Job growth “slowed sharply across leisure and government, raising the possibility that rehiring in those two sectors has mostly run its course. .. We continue to expect two rate cuts this year, in July and November ..”

#NFP

Happy b’day, Christopher Cross 🎸

Of “Ride Like the Wind”, he said: “I grew up with a lot of cowboy movies. .. There was always this .. allure about it .. if you could get to Mexico, you could escape authority. So getting to the border in Mexico was a fascinating thing to me.'

Some #Dovebait this week 🕊️

Trump yesterday: “I'm not allowed to testify because of an unconstitutional gag order.'

Trump today: “It won't stop me from testifying. The gag order is not for testifying.”

.Robert F. Kennedy Jr takes more from Donald J. Trump. Only a (short) matter of time before Mar-A-Lago starts raining fire down on Bob.

Weird that people would be so skittish about sponsoring a convention for nominating a candidate facing 88 felony counts

ISM Services Employment 45.9

Only Dec 2023 was worse going back to July 2020

* First sub-50 #ISM Services print since Dec 2022

'With Trump’s campaign on the ropes in the wake of the Access Hollywood bombshell, Stormy Daniels became an urgent concern. She told National Enquirer editor-in-chief Dylan Howard on October 8 that she was willing to go on the record about her alleged affair. This was the day…

Michelle Yeoh to Receive Presidential Medal of Freedom variety.com/2024/film/news…

PANTHEON MACRO: “.. the slowing in job gains .. is consistent with the sustained rollover in NFIB hiring intentions, which points to private sector job growth slowing steadily to about minus 50K per month by July, implying zero headline prints, at best.” 👀

Pantheon Macro #NFP