Weekend Update 5/3/2025
Weekend Update recaps market highlights and major news from Ursa’s portfolio. Not on Ursa yet? Download Ursa from the App Store!
Thawing #ChinaTension and strong #LaborMarkets keep historic market rally going
🤔 Mixed macro. Mixed macro data with #Recession fears early week, but finishes with a strong #LaborMarkets jobs report. Markets were spooked early on a negative Q1 GDP and weak private jobs. However, it was an afterthought following a strong April jobs report.
💳 AI wallet. Despite a slow start to 2025, the #AI trade got a shot in the arm from hyperscaler earnings. In particular, Meta announced an increase in AI infrastructure spending plans.
📈 China optimism. Markets continue to froth at the mouth for a China #Tariffs deal. After a couple of weeks of the US reaching out, China says its considering engaging in talks. The S&P 500 adds to the rally up 2.9% for the week with Friday a historic 9th straight green day.
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As of the publish date, Ursa portfolios may own META. 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.