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The Latest Jobs Report All But Eliminated the Chance of a Rate Cut This Summer. Here's What That Means for the Market.
Key takeaways
- That s when we got May s surprisingly healthy employment numbers.
- Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need.
- Perhaps the economy isn t under as much pressure as feared.
James Brumley, The Motley Fool Wed, June 17, 2026 at 5:01 PM GMT+7 4 min read NVDA INTC Not that last week s inflation report didn t confirm it, but the odds of an interest rate cut anytime soon were already waning a week earlier. That s when we got May s surprisingly healthy employment numbers. The United States added 172,000 jobs last month, topping expectations of only 80,000 against a backdrop of a large number of AI-related layoffs.
Will AI create the world s first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
Perhaps the economy isn t under as much pressure as feared.
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