Indices

Markets are navigating a delicate 90-day window with gold soaring and global stocks outperforming the S&P 500. While tariff negotiations, central bank tensions, and recession fears hang in the balance, technical indicators suggest a potential shift in capital flows. If global equities continue their momentum, we may witness a sustained rotation away from US shares….

The Dow has dropped over 9% this month, marking its worst monthly performance since 1932. Technical signals have turned bearish, with the RSI falling below 50 and suggesting continued downward momentum. Investor sentiment is deteriorating amid concerns over Fed independence and stalled trade negotiations.

“Liberation Day” promised trade clarity but delivered ambiguity, unsettling markets with controversial tariffs based on trade deficits. The resulting volatility, despite a 90-day pause sparking a 9.52% S&P 500 surge, leaves uncertainty, with earnings guidance and bond yields critical to stabilising sentiment.

Bond yields have surged, with the 10-year at 4.36%, reflecting rising inflation expectations and weakening demand for Treasuries amid tariff uncertainty. This challenges the safe-haven appeal of bonds and adds pressure to equities, especially for debt-laden firms. With the Fed staying cautious and foreign holders possibly retreating, markets face a period of elevated volatility.

Trump trade wars begin with a twist The 47th President of the United States started his tenure cautiously regarding a key campaign promise – tariffs. Despite this initial reticence, he made his opening salvo over the weekend with levies on imports from key trading partners. However, he later postponed the implementation of some of these

Introduction The $SPX has experienced a remarkable two-year period from 2023 to 2024, appreciating by an impressive 52.64%. This is the best performance since the two-year period of 1997 and 1998. This sets the stage for an intriguing forecast for 2025. Can the market sustain this momentum and performance? History suggests that a third year