Bill Cara's US MARKET DAILY PULSE REPORT: December 3, 2025
Attachment with Full INSTAT scores for all 188 instruments
EXECUTIVE SUMMARY
The US markets delivered a decisive “bad news is good news” session today, as weak labor market data reignited hopes for aggressive Federal Reserve intervention. With the ADP report showing 32,000 job losses in November—well below expectations—traders are now pricing in a 90% probability of a rate cut. This shift sent Treasury yields tu…