In the lead‑up to Jerome Powell’s final speech as Fed Chair this morning, markets were uncertain and trending lower. However, his remarks signaled that the current cycle of rate cuts will continue, sparking sharp moves across assets closely tied to monetary policy decisions such as the 10 year rate, gold, the US dollar index, the S&P 500 and Bitcoin.
Trump is allowing chips to go to China. Coherent, a laser and optics company, announced they sold its aerospace and defense business during their earnings report yesterday and the stock tanked. Teledyne is another defense company working on vision and optics for defense and they're stock recently took a hit as well.
From our blog about future AI scenarios, we laid out multiple ways AI would be built out over time. It seems the scenario where militarization and stunting of adversary AI development is being dismantled in front of our eyes in real time. This narrows the possibilities of future AI scenarios and provides us an idea of how to adjust.
Check out blog to get a grasp of this framework: https://www.vogigroup.com/post/most-probable-ai-scenarios-investors-should-prepare-for
If you were watching the financial news last week or paid attention to analysts online, most were hinting at a top in gold. Trump then announced tarrifs on gold and the futures reached a record high on Friday after the US reportedly placed tariffs on imports of one-kilo gold bars.Lets see if these leads to a sustained rally or a sell the news situation.
After Apple announced 40% of their iPhones would be manufactured in India, 50% tariffs were placed India for buying Russian oil followed by 100% tariffs on foreign made chips. Apple was faced with additional 25% tariffs when selling foreign made iPhones into the US as part of trumps strategic moves to restore manufacturing power, ultimately forcing Apple to spend 600 billion on US manufacturing. The wave of companies mentioned in this announcement were COHR AMAT GFS GLW AMKR AVGO & TXN.
