Trump Tariff Turmoil: A Time for Fear or Greed?
In episode 195 of the Payne Points of Wealth, Bob, Ryan & Courtney discuss the recent stock market volatility and explore whether the Trump-era policies are to blame. Join us as we analyze the factors contributing to the current selloff, from trade wars to January’s weak economic data. We provide our expert insights on the market’s near-term outlook and offer actionable strategies for investors to grow and protect their wealth amidst uncertainty surrounding Trump 2.0’s new economic policies. Don’t miss this critical discussion on the forces shaping our financial landscape and the potential long-term impacts on your financial future.
Hidden Facts of Finance
According to LSEG Lipper data, the average U.S. equity fund rose 17.4% last year. Hence, most money managers got trounced in 2024 by the S&P 500, which rose 25%, lifted by the Magnificent Seven of Apple, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla. Chipmaker Nvidia led the way with 171% return powered by the artificial intelligence investing boom.
The top 10% of U.S. earners account for 49.7% of all consumer spending in 2024, which is a record high since 1989, according to Moody’s Analytics.
Trivariate Research’s Adam Parker notes that the stocks most loved by Wall Street analysts have underperformers that have been hated by Wall Street analysts by 30 percentage points since 2001. For example, the two biggest losers this year, Edison, which is down 31%, and West Pharmaceutical, which is down 29%, had 55 and 67% buy ratings by the strategists whereas Super Microcomputer was up 37% so far this year only had a 30% buy rating. And CVS, which is up actually 48% this year, only had a 55% buy rating.
