Just Watch the Fed... This Isn't About "Us"
The Fed will turn on the money printer when it's time. Until then, there really isn't anything but kneejerk reactions to headlines. We're in Yellow territory, but it's just unstable right now.
Market outlook:
Trump will temporarily exempt electronics from reciprocal tariffs, signaling a "different tariff bucket" for $390B in electronics soon.
Treasury yields ease as tech gets tariff reprieve; 10-year at 4.44% after panic selling sparked the largest two-day jump since the 2000s.
WTI rebounds to 62.50 after hitting a four-year low; the market weighs against US-Iran talks against the OPEC hike and fears of recession.
China blocks rare earth exports in tariff retaliation, disrupting 90% of the global supply of materials critical to defense, EVs, and electronics.
Citi downgrades US stocks; notes valuations still at 80th percentile; recommends reducing exposure as dollar falls, yields rise, and earnings outlooks deteriorate.
Goldman Sachs raises its gold price target to $3,700/oz for end-2025 (the third hike this year) and warns that, in extreme cases, the price could reach $4,500/oz if the trade war worsens.
Energy Transfer's (ET) Lake Charles LNG project gains momentum with MidOcean E…
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