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Market and Tariff Stories

  • The markets jumped this past week as President Trump brought the temperature down on each the tariff discussions and on the discussions of terminating Fed Reserve Chairman Powell.
  • The S&P 500 is now down 6% year to date. The Nasdaq is down nearly 10% year to date. It could be worse.
  • T-Mobile got crushed Friday and dropped more than 11% on a softening perceived outlook for this year.
  • Apple and Alphabet Inc. each rose more than 6.5% this week. Palantir Technologies jumped 20% as fears of DOGE/government cuts continue to ease.

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