Weekend Update 3/23/2025
Weekend Update recaps market highlights and major news from Ursa’s portfolio. Not on Ursa yet? Download Ursa from the App Store!
The White House teases #Tariff flexibility sending markets higher and breaking a three-week red streak…
🤖 Lackluster GTC. Nvidia’s annual GTC conference was this week and investors were likely underwhelmed by the announcements. We do continue to see #AI hype falter as demand, while still strong, is decelerating after the initial hyperscaler step-up in buying.
️️🕊️ Dovish Fed. As expected no #RateCuts, the Fed held rates flat and continues to to promote their wait and see stance. However, they did come off a bit more dovish and markets welcomed the slight sentiment shift or at least acknowledging the current macro chaos.
📈 Tariff tease. The White House teased that “there’ll be flexibility” with the reciprocal #Tariffs promised for April. The S&P rebounded Friday midday to finish the week up +0.5% breaking a 3-week red streak.
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As of the publish date, Ursa portfolios may own NVDA. These securities may cease to be portfolio holdings at some point in the future. Any mention of these securities is for purely informational purposes only and NOT investment advice.
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.