Econ Update & Happy 4th
From the Distilled Perspective
by Patrick T Bulger, Released 2025/07/02

Econ Notes,
Tomorrow will be a large morning for news.

As it's pre-holiday, look for desks to go dark after the release of 10 am numbers.  
Closing the books on a holiday week, and heading out if they haven't already.

Potentially early volume, followed by volume fade into the close (Awareness).

Today we saw: 

ADP Domestic Jobs Report go Negative, 

US Challenger Job Cuts continue to stack up.
Remember, they are cumulative.

Dallas Fed Manufacturing June Index report a -12.7

Around the Globe:

Canada Manufacturing in contraction, They Matter.

Korean Imports & Exports miss expectations for the month of June.
Korean Manufacturing PMI for June is in contraction at -48.7

Be Safe All, 
Remember we are on heightened alert,
Caution on travel & crowed places...Have a plan in place.

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