“If there’s further weakness in the labor market, you’re going to be looking at a 50 basis points cut,” noting the pressure on Chair Powell and the Fed.

Copper futures saw their largest one day drop on record after the White House surprised markets by exempting refined copper from tariffs.

Co-CIO David Aspell shared insights with Sean Conlon at CNBC, ahead of the July FOMC meeting, emphasizing the importance of maintaining its credibility and independence.