Weekend Update 4/6/2025
Weekend Update recaps market highlights and major news from Ursa’s portfolio. Not on Ursa yet? Download Ursa from the App Store!
Market bloodbath after massive #Tariffs imposed…
😖 Trump tariffs. The White House surprised markets with massive #Tariffs levied on nearly every other country. A minimum 10% #Tariffs plus an additional reciprocal #Tariffs based on half the “perceived tariffs” on the US. The basis for the perceived tariffs was quickly debunked as just each countries’ deficit percentage…
🇨🇳 China strikes back. Cue the trade war, China retaliated with a matching 34% #Tariffs back on the US. It was a massive retaliation, but sadly justified given the #Tariffs levied on them…
🤢 Market in freefall. Despite some initial optimism leading up to the announcement, markets crashed on Thursday and Friday. Even sunshine pumper, Fed Chair Powell, conceded the #Tariffs impact would be larger than expected and likely increases inflation and slows growth. The S&P 500 ends the week sharply lower down -9%.
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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.
Original Photo by Pixabay.