1. MacroeconomicsTitle: Jobless Claims Fell Last WeekSource: The Wall Street JournalDate: May 8 2025Key TakeawaysInitial filings declined to 228 k for the week ended May 3, down 13 k from the prior reading, underscoring a still-resilient labor market despite tariff-driven growth headwinds. Economists had penciled in 230 k claims; the beat suggests layoffs remain contained even as Q1 GDP slipped ..

1. MacroeconomicsTitle: U.S. and U.K. Unveil Framework for Trade DealSource: The Wall Street JournalDate: May 8, 2025Key Takeaways:President Trump and U.K. Prime Minister Keir Starmer announced an initial framework for a U.S.-U.K. trade agreement aimed at easing tensions from recent U.S. tariffs.The U.S. agreed to reduce tariffs on U.K. steel, aluminum, and cars in exchange for U.K. commitments ..

1. MacroeconomicsTitle: Fed Warns of Rising Economic Risks as It Leaves Rates SteadySource: The Wall Street JournalDate: May 7, 2025Key Takeaways:The Federal Reserve maintained interest rates amid escalating tariffs, with Chair Jerome Powell cautioning that these tariffs could lead to higher inflation, reduced economic growth, and increased unemployment.Tariffs on Chinese imports have reached 14..

1. MacroeconomicsTitle: You Have a Message From TaiwanSource: The Wall Street JournalDate: May 7, 2025Key Takeaways:The Taiwanese dollar experienced an unprecedented surge against the U.S. dollar, described by strategists as a "one-in-a-trillion" event.This spike is attributed to Taiwan's significant exposure to U.S. investments, particularly by large insurers vulnerable to currency fluctuations..

1. Stocks Despite consistent top-line growth, concerns remain over the sustainability of the company’s margins amid rising operating costs.While management reiterated confidence in long-term targets, the guidance offered limited visibility—particularly around international expansion.Given the valuation discount and recent earnings upside, we believe the stock remains undervalued relative to peers.

1. Stock pitch I'd like to pitch a long idea on Encompass Health Group, the largest provider of post-acute care services in the U.S., operating over 160 hospitals across the country. There are three core reasons for this recommendation: structural demand tailwinds, operational defensibility, and an attractive valuation. First, the aging U.S. population continues to drive sustained demand in the ..