Mixed US macro data, peak earnings season, and Buffett's goodbye
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Buy when there's blood on the street; even if it's your own. • The market can stay irrational longer than you can stay solvent. • Compound interest is the eighth wonder of the world. He who understands it, earns it... he who doesn't, pays it.
Trump's Tariff U-Turn: What Happened and Where Do We Go From Here?
Trump rolled back (most of) his retaliatory tariffs and sent markets into record-breaking volatility
Equities continued to rally this week with many indexes now higher than before Trump's massive tariff roll-out on April 2
The tariff turmoil continued to settle down while the first Q1 earnings reports sent mixed signals
Equity markets rallied around the world on the back of trade war optimism, upbeat earnings, and easing tensions between Trump and Jerome Powell
Lower interest rates in Europe and a slew of (mostly) upbeat macro data as earnings season heats up
US equities continued to struggle while most of the rest of the world continued its rebound