Weekend Update 2/17/2025
Weekend Update recaps market highlights and major news from Ursa’s portfolio. Not on Ursa yet? Download Ursa from the App Store!
Markets finish week higher despite more #Tariffs and hotter #Inflation
🚢 Steel, aluminum and TBD. The White House announced more #Tariffs with 25% on all steel and aluminum imports. Additional reciprocal #Tariffs are under review, but nothing likely to be imposed until April.
🔥 Hot inflation. Both the CPI and PPI #Inflation data came in hotter than expected for January. Dwindling #RateCuts expectations pulled back to just one cut now expected for 2025. The hotter #Inflation is a potential headwind to sticking the #Goldilocks soft landing.
️🤷♂️ Investor indifference. Despite the hotter #Inflation and additional #Tariffs, markets focused on the delayed impact of reciprocal #Tariffs as a positive that negotiations could occur before anything gets imposed. The S&P 500 ends the week higher up 1.5%.
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The statements, opinions and analyses presented here are provided as general information. This article is the opinion of the author. Anything within this article should NOT be considered an investment recommendation or advice. See Ursa’s full disclosures here.