Ian Cooper Weekly Wrap-Up June 29, 2025
The market had a strong performance last week, overcoming geopolitical tensions. For instance, if the Dow Jones breaks through the previous resistance level of 44,033, it could swiftly rally towards 45,000, provided there are no events that induce volatility. We’ll keep an eye on the situation as the week progresses. During his congressional testimony last week, Jerome Powell indicated that he views the US labor force as robust, but he also noted this could bolster the argument for lowering interest rates.