Washington, D.C., June 10, 2025 — Nestpoint Managing Director Tim Phillips appeared on Newsmax to discuss the latest U.S. jobs report, its implications for American workers, and how the Trump administration’s ongoing economic policies are shaping market sentiment and foreign engagement.

Reacting to positive gains across the NASDAQ, S&P 500, and Dow Jones, Phillips highlighted wage growth as a standout takeaway from the report. “The best number there is a 3.9% increase in take-home pay for American workers over this time last year,” he said. “That’s a big number—it shows that some of these policies are working.”

He also drew attention to a broader measure of public confidence. “The percentage of Americans saying the country is on the right track is now at 48%. That’s the highest it’s ever been under President Trump, even higher than President Obama’s second term.”

As the discussion turned to tariffs and U.S.–China relations, Phillips weighed in on President Trump’s recent call with Chinese President Xi and its effect on market confidence. “Those are positive statements coming from the President,” he said. “Positive rhetoric will calm the markets.” He also noted that despite a nearly 25,000-job reduction in the government workforce, the jobs report still exceeded expectations—an encouraging signal that private-sector strength continues to drive overall growth.

Responding to concerns about economic uncertainty from business leaders, Phillips acknowledged the challenges but remained optimistic: “Given the headwinds, this is a pretty good jobs report. And with inflation slowing and yields stabilizing, there are signs of real momentum.”

Throughout the discussion, Phillips underscored Nestpoint’s ability to deliver strategic insight in a volatile global economy, providing clarity for public and private stakeholders alike.

The full interview originally aired on Newsmax and can be viewed here.

‍

About Nestpoint

Nestpoint, with a global footprint, and a formidable presence in Washington, D.C., is a leading government affairs, finance and private equity firm. As a strategic ally, Nestpoint transforms challenges into opportunities through its expertise in policy influence, global networks, and financial innovation, delivering customized solutions for sustained client success. Nestpoint advises multibillion-dollar companies in the manufacturing, energy, and technology sectors as well as foreign nations.