Dot-com era reckoning

Trump pledges auto tariffs in ‘near future’, FBI launches Tesla threats task force, BYD sales surpass Tesla, Hyundai to invest $21 Billion in US to avoid tariffs, and 23andMe’s bankruptcy puts 15 million users’ DNA info on auction block...

Author

Market Briefing
March 24, 2025

Good morning.

The Fast Five → Stumbling stock market raises specter of dot-com era reckoning, SEC crypto roundtable begins regulatory overhaul, there’s a new mantra in US bond market, gold reaches unprecedented highs, and Jack Ma-backed Ant touts AI breakthrough…

Elon’s Social Security Shock?
New research reveals what Elon Musk could be planning in D.C. and how it may impact your money. In short, it could change the way you file and pay your taxes... and collect Social Security. To do it, Elon will likely use the same strategy he's applied in every other business. See the playbook, here.

Calendar: (all times ET) - Full Calendar

  • Today:
    none watched

  • Tomorrow:
    Consumer confidence, 10:00A
    New home sales, 10:00A

Your 5-minute briefing for Monday, March 24:

BEFORE THE OPEN

As of market close 3/21/2025. Bitcoin as of 3/23/2025.

Pre-Market:

US Investor % Bullish Sentiment:
↑ 21.58% for Week of March 20 2025

Previous week: 19.11%. Updates every Friday.

Market Wrap:

  • Futures up: Dow +182 pts, S&P +0.5%, Nasdaq +0.6%.

  • S&P snapped 3-week skid; tariff fears linger ahead of April 2.

  • Trump signals tariff “flexibility,” no firm exemptions.

  • WSJ: Tariffs likely narrower, some sectors excluded.

  • Data ahead: consumer confidence (Tues), jobless claims (Thurs).

EARNINGS

Here’s what we’re watching this week:

 Good News for Stocks

50-year Wall Street veteran, Marc Chaikin is stepping forward to share why history gives him 90% historical confidence that stocks will end 2025 way up.

However, he also has bad news: the same data also tells him the REAL market crash will likely arrive in 2026.

HEADLINES

The faltering market is raising uncomfortable parallels with the events of 25 years ago.

The SEC's crypto task force held its first public meeting with experts on Friday.

  • Sticky US inflation and tariffs are keeping the Fed sidelined (more)

  • Federal Reserve posted loss of $77.6 billion in 2024 (more)

  • ‘Don’t fight Bessent’s Treasury’ is new mantra in US bond market (more)

  • Options market focused on jobs and inflation over tariff reveal (more)

  • Dollar drifts as traders await Trump tariff clarity (more)

  • Gold reaches unprecedented highs amid global uncertainty (more)

  • Oil prices hold steady as investors monitor Russia-Ukraine ceasefire talks (more)

  • Chinese premier warns of 'rising instability' at key business forum (more)

  • Some European officials weigh if they can rely on Fed for dollars (more)

  • Trump admin eyes move to privatize Fannie, Freddie (more)

  • Jack Ma-backed Ant touts AI breakthrough built on Chinese chips (more)

  • Investors who were all in on US stocks are starting to look elsewhere (more)

  • Ticket platform StubHub files for IPO showing revenue gain (more)

DEALFLOW

M+A | Investments

  • James Hardie offers $8.8B for US building products maker AZEK (more)

  • Clearlake nearing $4 billion deal for Dun & Bradstreet (more)

  • Apollo exploring potential $4 billion sale of Cox Media Group (more)

  • BP sells Apollo $1 billion stake in firm invested in TANAP gas pipeline (more)

  • 2X, a subscription-based MaaS company, received a strategic investment from Insight Partner (more)

VC

  • BuildOps, a software platform built for modern commercial contractors, raised $127M in Series C funding (more)

  • Cardiac Dimensions, a company specializing in minimally invasive treatments for heart failure, raised $53M in Series A funding (more)

  • RM11, a monetizable content-sharing platform designed to uplift and prioritize creators, raised $2M in Seed funding (more)

CRYPTO

  • Bitcoin ‘in position’ for first key RSI breakout in 6 months at $85K (more)

  • As Binance works toward redemption, CEO says Trump has been ‘fantastic’ for crypto (more)

  • Ethereum eyes 65% gains from 'cycle bottom' as BlackRock ETH stash crosses $1B (more)

  • Coinbase could be near multi-billion dollar deal for deribit (more)

BULLISH BITES

🗝 The secret to Nvidia's research success: Failing often and quickly.

💰 For CEOs, $100M pay packages are disappearing.

🎉 Roth IRAs are all the rage with the young crowd.

🤔 How do self-employment taxes work? A step-by-step guide.

DAILY SHARES

Have a comment or suggestion?
💌 Send us a message

*sponsored message

Disclaimer: Market Briefing© is a news publisher. All statements and expressions herein are the sole opinions of the authors or paid advertisers. The information, tools, and material presented are provided for informational purposes only, are not financial advice, and are not to be used or considered as an offer to buy or sell securities; and the publisher does not guarantee their accuracy or reliability. Please conduct your own research and consult an independent financial adviser before making any investments. Neither the publisher nor any of its affiliates accepts any liability whatsoever for any direct or consequential loss howsoever arising, directly or indirectly, from any use of the information contained herein. Assets mentioned may be owned by members of the Market Briefing team. 

Reply

or to participate.