Bitcoin remains a winning asset since President Trump’s tariff announcement on Apr. 2 — “Liberation Day,” as he called it. In relative and absolute terms vs. the world’s primary markets, the cryptocurrency is outperforming by a wide margin, based on a set of ETFs through Friday’s close (June 6). The US dollar, by comparison, has slumped and is the worst performer.
Daily Archives: June 9, 2025
Macro Briefing: 9 June 2025
US payrolls rose more than expected in May. The economy added 139,000 jobs last month, the Labor Department reported. “Stronger than expected jobs growth and stable unemployment underlines the resilience of the US labor market in the face of recent shocks,” said Lindsay Rosner, head of multi-sector fixed income investing at Goldman Sachs Asset Management.
