First Word
Reciprocal tariffs started last night. Markets remain hesitant as financial conditions tighten, but agree with Newton that near-term probabilities favor a rally.
NO VIDEO TODAY: I AM ON A CONTINENTAL FLIGHT TODAY SO UNABLE TO RECORD A VIDEO The fact that President Trump signed the executive order...
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First Word
Today may have seen the quiet return of the "Trump put"
VIDEO: The message from the White House has changed from "no negotiation on tariffs" to "President has maximum leverage to negotiate" which we see as...
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Macro Minute Video
Video: Macro Minute: Today may have seen the quiet return of the "Trump put"
VIDEO: The message from the White House has changed from "no negotiation on tariffs" to "President has maximum leverage to negotiate" which we see as...
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First Word
We got tariff liberation day wrong. The White House broke a core covenant of capitalism. But stocks stretched to downside (and excessive recession risk) and we see high probability of de-escalation.
VIDEO: We believe stocks have overshot to the downside, even as technical damage is enormous and requires patience to repair. Please click below to view...
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Macro Minute Video
Video: Macro Minute: We got tariff liberation day wrong. The White House broke a core covenant of capitalism. But stocks stretched to downside (and excessive recession risk) and we see high probability of de-escalation.
VIDEO: We believe stocks have overshot to the downside, even as technical damage is enormous and requires patience to repair. Please click below to view...
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First Word
Thursday’s negative -3% gap opening is 7th largest in 40 years and echoes of COVID. But after the close, hints that Trump wants to negotiate = positive
VIDEO: Market saw enormous selling pressure driven by the absurd levels of tariffs and the repeated comments by Lutnick that there is no negotiations. After...
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Featured Research
Washed Out Stocks
