Weekend Update 3/16/2025
Weekend Update recaps market highlights and major news from Ursa’s portfolio. Not on Ursa yet? Download Ursa from the App Store!
Another Friday relief rally off a 3rd consecutive red week driven lower by #Tariffs
💸 Inflation surprise. Some good news with February #Inflation coming in lower-than-expected. The core CPI and PPI both grew +0.2% M/M and decelerating from January and below expectations. However, it does not likely account for future #Tariffs impact.
️⚔️ Ramping trade war. Another week, another #Tariffs drama. The global 25% on steel and aluminum went into effect and saw both Canada and the EU retaliate. The White House continues to escalate the tiff with even more #Tariffs threatened back.
🤔 Markets fall again. While rebounding on Sunday, the S&P 500 fell into market correction territory this week. #Tariffs continue to dominate the news and overshadow improving #Inflation data. The S&P ends down -2.3% for the week－red for the 3rd straight week.
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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.