- Daily Chartbook
- Posts
- DC Lite #379
DC Lite #379
"There is less momentum in the labor market than initially reported"
Daily Chartbook
June 06, 2025
In partnership with
Welcome back to DC Lite: Daily Chartbook’s free, entry-level newsletter containing 5 of the day’s best charts & insights.
1. NFP. "Revisions are notable and negative. The previous two months were revised down by 95,000. There is less momentum in the labor market than initially reported. Moreover, we should have more confidence in those months since the response rate is substantially higher."
2. US NIIP. "This is the flipside - and vulnerability - of US exceptionalism. Inflows have been so large into US stocks and bonds that investors don't need to do any more than shave their allocations a little to have a notable impact on US assets and the dollar."
3. Institutional investor risk appetite. "The State Street Risk Appetite Index rose to 0.36 at end-May ... The State Street Holdings indicators show that long-term investor allocations to equities rose anew in May to levels last seen on the cusp of the Liberation Day announcement in early April."
4. US vs. RoW. "The ACWI vs US Industry Group Trend Spread just hit a 10-year high in favor of global markets."
5. Economic surprise vs. earnings sentiment. "Relatively strong RoW economic surprises and improved EPS revision breadth should bode well for risk-taking outside the US."
Sponsored content:
Is it your worldview? Or is it an algorithm?
Every day, algorithms decide what news you see—and what you don’t. Over time, this can trap you in an echo chamber, shielding you from perspectives you might disagree with. These filter bubbles don’t just shape opinions, they fracture our shared reality.
Enter Ground News.
Instead of pushing one narrative, Ground News shows how outlets from the left, center, and right cover the same story so you can see the full picture.
And instead of an engagement-maximizing algorithm skewing your worldview, their Blindspot Feed reveals stories that are being underreported by either the left or the right—so you can see both the story told and the story untold.
Join 1M+ readers from across the political spectrum who use Ground News to challenge their worldview and become more balanced, well-informed newsreaders.
Reply