Weekend Update 6/1/2025
Weekend Update recaps market highlights and major news from Ursa’s portfolio. Not on Ursa yet? Download Ursa from the App Store!
Markets higher despite court confusion and stalling China #Tariffs talks
🛍️ Consumer rebound. May consumer confidence data rose 14% from April lows while the consumer sentiment data was flat M/M, but rebounded from mid-month lows. The China #Tariffs delay agreement appears to have calmed #ConsumerConfidence for now.
️🎭 Tariffs drama. On Wednesday evening, a trade court struck down the “reciprocal” #Tariffs just to be paused again the next day by an appeals court. Meanwhile, China talks have stalled－raising the risk of no China deal at the end of the 90-day #Tariffs truce.
🌮 Taco trade. Tuesday started the week solidly green after the White House flip-flopped again and delayed the 50% EU #Tariffs over the weekend. Despite the #Tariffs drama all week, the S&P 500 held on to the gains finishing the week up 2%.
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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.