Weekend Update 5/17/2025
Weekend Update recaps market highlights and major news from Ursa’s portfolio. Not on Ursa yet? Download Ursa from the App Store!
Markets rally on China #Tariffs pause and surprising #Inflation progress; bull rally or bear trap?
⏸️ China pause. The US and China will delay their massive #Tariffs on each other for 90 days to negotiate an agreement. Markets strongly rallied, but the trade war is just reset back to early April without the retaliatory tit-for-tat #Tariffs.
💸 Inflation surprise. Both April CPI and PPI beat expectations for #Inflation progress. We aren’t seeing #Tariffs impact yet as businesses appear to be still working through existing inventory. Even with #Tariffs lowered on China now, we still expect some inflationary impact.
😬 Consumer stalls. Preliminary May Consumer Sentiment fell to 50.8 below expectations to improve to 53.5. Despite some “stability” on the #Tariffs front, #ConsumerConfidence didn’t continue to recover from mid-April. The S&P 500 still finishes up 5.3% on 5 straight green days.
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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.