Outlook 05/09: Stock futures gain as President Donald Trump suggested many trade deals are near, while also endorsing cutting the tariff rate on China before weekend talks. The president also wrote on Truth Social that an “80% Tariff on China seems right” ahead of talks lead by Treasury Secretary Scott Bessent with China counterparts in Switzerland this weekend. But Bonds market are giving a red flag alert. Yields are screaming. The Fed is boxed in. And the U.S. government is getting a 'margin call' from the global market. It’s a bond market protest a sharp repricing of U.S. fiscal credibility, inflation risk, and institutional confidence. Rolling over US debt at these levels will send interest expense soaring forcing the Fed to cut rates earlier.
ESM25 (JUN2025): YVAH 5736 YPOC 5720 YVAL 5687 GAP 5685
/ES Plan: Yesterday market closed bearish, but overnight looks more balanced, moving within previous value, so these're the opening and initial balance options for current session:
