Tuesday, February 11, 2025

The Morning Call--Goldman lays out seven key investment themes

 

The Morning Call

 

2/11/25

 

The Market

         

    Technical

 

            Monday in the charts.

            https://www.zerohedge.com/market-recaps/eagles-everything-else-fly-high-amid-tariff-ic-trump-continued-congressional-chaos

 

            Gold---enough is enough.

            https://www.zerohedge.com/the-market-ear/gold-enough-enough

 

    Fundamental

 

       Headlines

 

              The Economy

 

                        US

 

The January small business optimism index came in at 102.8 versus consensus of 104.6.

 

                        International

 

                        Other

 

                          The job market sends a warning.

                          https://www.wsj.com/opinion/january-jobs-report-data-hiring-economy-joe-biden-donald-trump-tariffs-898aeb43?mod=opinion_lead_pos3

 

                                                  RecessionAlert weekly leading economic index.

                          https://www.advisorperspectives.com/dshort/updates/2025/02/10/recession-weekly-leading-economic-index

 

                        Overnight News

 

US President Trump signed proclamations to reimpose a 25% tariff on steel and aluminum imports and declared there are no exceptions or exemptions, effective March 12th. Trump said they are looking at tariffs on cars, pharmaceuticals and chips and will hold meetings over the next four weeks, while they will do reciprocal tariffs over the next two days. Trump also commented that tariffs on metals could go higher and he does not mind if other countries retaliate. Furthermore, it was also reported that President Trump is expected to sign executive orders on Tuesday at 15:00EST/20:00GMT.

 

 

 

                        Fiscal Policy

 

              Shutting down the consumer financial protection bureau.

              https://www.nytimes.com/2025/02/09/business/vought-cfpb-musk-trump.html

 

                           Meet the man running the DOGE cost cutting drive.

              https://www.wsj.com/politics/policy/steve-davis-elon-musk-cost-cutting-cc1dc7c9?mod=business_lead_story

 

 

                           Thoughts on a sovereign wealth fund.

               https://www.ft.com/content/568b2ac8-fce0-4b10-b5a1-ace52f1e1421

 

                        Inflation

 

              Used car and truck prices headed higher.

 https://wolfstreet.com/2025/02/08/used-car-truck-prices-heading-higher-on-tight-supply-strong-demand-after-u-turn-in-mid-2024-from-historic-plunge-used-ev-prices-jump/

 

                        Tariffs

 

              Tariffs and S&P earnings.

              https://www.bloomberg.com/opinion/articles/2025-02-10/the-s-p-500-is-too-big-to-falter-on-trump-s-tariffs?srnd=homepage-americas

 

                           Tariffs are bad for earnings.

              https://www.tker.co/p/stock-market-tariffs-earnings-impact

 

                       

     Investing

 

            Can short selling survive Trump 2.0?

            https://www.institutionalinvestor.com/article/2edq4uvlj6n0xbevx9hxc/corner-office/can-short-selling-survive-trump-2-0

 

            Goldman lays out seven key investment themes.

            https://www.zerohedge.com/markets/seven-key-themes-goldman-lays-out-clients-week

 

            Lessons from tulipmania.

            https://ritholtz.com/2025/02/tulipmania/

 

            Optimism in gamblers and investors.

            https://ritholtz.com/2025/02/investors-gamblers/

 

            A silver squeeze coming?

            https://www.zerohedge.com/precious-metals/silver-squeeze-market-manipulation-coming-storm

 

     Investor Alert

 

            The price of Logitech (LOGI) has reached its Sell Half Range. Accordingly, the Aggressive Growth Portfolio will Sell Half of its position at the Market open.

 

    News on Stocks in Our Portfolios

 

 

 

What I am reading today

 

            FBI finds ‘secret’ JFK assassination files.

            https://www.zerohedge.com/political/look-deluded-squirrel-fbi-finds-secret-jfk-assassination-records

 

                        Succeeding at life.

            https://traderfeed.blogspot.com/2025/02/succeeding-at-life.html

 

Visit Investing for Survival’s website (http://investingforsurvival.com/home) to learn more about our Investment Strategy, Prices Disciplines and Subscriber Service.

 

 

 

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