Fisher Investments founder Ken Fisher analyzed the winners and losers of the mutual tariff of President Donald Trump.
Wrapped one of the most unstable weeks for two days market massacre American stock from 2020Kovid’s height, US tariffs and vengeance, tease global investors.
S&P 500 fell deeply in the improvement sector by falling 5.9% on Friday. Dow Jones was a similar pattern for industrial average, which lost 2,231 points or 5.5%. And Nasdaq Composite entered a bear market, which was 20% from its December high, fell 5.8% to finish the week.
Langer | Security | Last | Change | Change % |
---|---|---|---|---|
SP500 | S&P 500 | 5074.08 | -322.44 |
-5.97% |
Me: DJI | Dow jones average | 38314.86 | -2,231.07 |
-5.50% |
I: Comp | Nasdac overall index | 15587.786263 | -962.82 |
-5.82% |
Nasdaq Composite comes in the beer market
10-year-old Treasury Yield: 4.008%
Investors transferred money to the security of government bonds, pushing down the 10 -year Treasury yield, pointing to 4% late Friday night. While the two -year Treasury hovering at 3.5%.
JP Morgan dials the risk of recession for us
President Trump on Wednesday performed well on his promise to slap most US trading partner with tariffs. Along with general suspects, including China and the European Union, other countries such as Japan, Vietnam and Taiwan were also wrapped between many others. In early Friday, China fired back with 34% tariff, while other countries of speculation may follow the suit.
“High tariffs will work in our own way through our economy and there is a possibility of increasing inflation in the coming quarters,” Federal Reserve Chairman Jerome Powell Warned during the comment on Friday. Prior to Powell’s comments, JP Morgan made the risk of recession 60%this year.
Trump called Powell to cut interest rates.
“This will be a perfect time for the fed president Jerome Powell to cut interest rates. He is always” late, “but he can change his image now, and quickly. Energy prices are down, interest rates are down, inflation is below, even eggs are 69%, and jobs are 69%, all are above – all two months – within two months – all two months – Jerom, Jerroom, Jerroom, Jerroom, Jerroom, Jerome, Jerome, Jerome, Jerome, and Stop! ” He wrote on Truth social.
Marquee Tech’s names, including Nvidia, Apple, Amazon and Palaantir, fell rapidly on Friday. Despite the instability, some investors see selling as an opportunity.
Langer | Security | Last | Change | Change % |
---|---|---|---|---|
NVDA | Nvidia Corp. | 94.31 | -7.49 |
-7.36% |
Aapl | Apple Inc. | 188.38 | -14.81 |
-7.29% |
AMZN | Amazon.com Inc. | 171.00 | -7.41 |
-4.15% |
Malevolent | Palaantir Technologies Inc. | 74.01 | -9.59 |
-11.47% |
“You can think like a shark, or you can think like a Minavo. And if you think like a minavo, you are going to flush every time. If you think like a shark, and you want to hunt for the best companies in the world at the worst time, then it is that fitz-fruit said that the fitz-paleds said that the fitteers and the tesle say that the fitz-headed.
Langer | Security | Last | Change | Change % |
---|---|---|---|---|
USO | United States Oil Fund – USD ACC | 67.95 | -4.30 |
-5.95% |
Permission | Schlumberger Ltd. | 34.78 | -4.44 |
-11.32% |
Xom | Exon Mobil Corp. | 104.34 | -8.05 |
-7.16% |
CVX | Chevron Corp. | 143.17 | -12.90 |
-8.27% |
Energy Stock led by Shalabambara, Exonmobil and Chevron lost more than 8% on Friday on Friday. West Texas Intermediate crude lost over 10% for the week, below $ 62 per barrel.
Gold: Time to buy, sell or catch?
Langer | Security | Last | Change | Change % |
---|---|---|---|---|
GLD | SPDR Gold Share Trust – USD ACC | 279.93 | -6.56 |
-2.29% |
Gold, a traditional safe shelter, also settled at $ 3,012 an ounce on Wednesday after killing 2.4% haircut for a week, $ 3,139.90 on Wednesday.
In Cryptocurrency, Bitcoin hovering at $ 83,000.