Housekeeping: Good Morning.
**No Founders Discussion this Sunday due to traveling arrangements**
“The reset is a process, not an event.”
Today
Discussion 1: The Silver Gold Copper Trading Grid
Analysis: The Silver Gold Copper Trading Grid
Quoatable: Trump first 100 days: gold +21% (best start since Ford), S&P500 -7% (worst since Ford), US dollar -9% (worst since Nixon)
-Michael Hartnett, BOA
Featured:
Markets Recap:
Wall Street ended higher after strong results from Microsoft and Meta calmed investor concerns over artificial intelligence spending. Treasury yields rose on better-than-expected domestic manufacturing data. The dollar firmed, and gold dropped on hopes of easing trade tensions. Oil jumped after Trump threatened secondary sanctions on Iranian oil buyers. Canada's main stock index ended lower, as gold mining shares fell, but the index stayed in reach of a recent four-week high as investors weighed prospects of fiscal spending and welcomed recent calming of global trade tensions.
Market News:
Exxon Mobil, the largest U.S. oil producer, is expected to post a rise in first-quarter profit compared to the fourth quarter.
Canadian factory PMI hits near five year low on tariff uncertainty
Tesla chair denies report that EV maker seeks new CEO to replace Musk
McDonald's global sales post surprise drop as tariff chaos hurts consumer confidence
Kohl's fires new CEO for personal relationship with a vendor
Full stories and recaps in premium…
Data on Deck: NFP
Non-farm payrolls for April 130,000 228,000
Unemployment rate for April 4.2% 4.2%
Summary and Final Market Check
