Market Briefing

Market reaction

Market reaction to Trump's first day, Trump plans to enact 25% tariffs on Mexico, Canada, Trump to declare national energy emergency, crypto-frenzied weekend makes first family billions of dollars, and Gensler out and pro-crypto Mark Uyeda named SEC Chair...

Boomers Miss Bitcoin Rally

Trump secret stock already up 339%

Day-One agenda

Trump’s Day-One agenda, bond market sends warning to Trump, Apple has worst day since August, Tesla's offering Cybertruck discounts, and BlackRock predicts another historic year for Bitcoin...

Data fuels rally

Cooler core inflation revives bets on Fed rate cuts, Canada readies tariffs on US products If Trump hits first, Bitcoin tops $100,000, US sues Southwest Airlines over chronic delays, and JPMorgan/Goldma/ Citi rake in record hauls as Biden's era ends...

'External' Revenue Service?

Inflation data feeding fears of higher rates, US deficit for first three months of fiscal 2025 is 40% higher than it was last year, Cleveland-Cliffs eyeing all-cash bid for U.S. Steel, SEC sues Elon Musk, and Trump says he’ll create ‘External Revenue Service’ ...

Selloff

China considers selling TikTok US to Musk, Treasuries selloff ripples through world markets, MSTR’s Saylor calls bonds ‘toxic’ in pitch for Bitcoin, Trump Media shares jump more than 21%, and SEC charges Robinhood with securities violations to the tune of $45 million...

Bond tantrum

Global bond tantrum is worrisome start to new year, inflation report could rattle markets further, Trump’s new economist makes the case for 20% tariffs, Bezos sees no threat in space race, and Zuck slams Apple on its lack of innovation...

Dead wrong

LA wildfire costs for insurers double to $20 billion overnight, BlackRock leaves major climate group, healthy December jobs report expected today, Google donates $1 million to Trump's inauguration fund, and D-Wave CEO says Jensen Huang is ‘dead wrong’ about quantum computers...

Meta's reversal

Trump announces $20 billion foreign investment in data centers, Meta scraps 'biased' fact-checking, Canadian corporates breathe sigh of relief after Trudeau resigns, Nvidia slips after product event, and JPMorgan plans to bring staff to office 5 days/wk...