James Deporre

1 week ago | pro.thestreet.com | James Deporre

Even with speculation about the potential for trade deals, there is still concern about the spike in interest rates and the weak dollar. After some historic swings in both directions early in the week, the action stabilized on Friday. Bonds bounced back, sending interest rates lower, the dollar was down but off its early lows, and fear of the repercussions of a trade war with China subsided a bit. One thing that helped the indexes quite a bit was talk that Apple (AAPL) might be exempt from tariffs.

2 weeks ago | pro.thestreet.com | Helene Meisler |Doug Kass |Chris Versace |Carley Garner |James Deporre

While some market concerns about tariffs have eased as Treasury Secretary Scott Bessent and his team start negotiations with at least seventy countries, the trade battle with China is intensifying and causing increased concern about the economic ramifications. One of the unexpected consequences of the tariff war is the impact on the dollar and bonds.

2 weeks ago | pro.thestreet.com | Helene Meisler |Doug Kass |Chris Versace |Carley Garner |James Deporre

Chaos continued on Thursday as a good chunk of Wednesday’s giant gains were reversed. There wasn’t any surprising news that triggered the reversal. It was mainly just lingering questions about how much damage the trade war with China would do and how long it would take to cut trade deals with the rest of the world. Typically, when there is this much uncertainty, investors put money into bonds and the dollar, but both of those asset classes were notably weak on Thursday.

2 weeks ago | pro.thestreet.com | James Deporre

After a giant move on Wednesday, CPI will shift the market focus to how the economy is performing. Following the third largest market rally of all time and the best day for stocks since 2008, the market is digesting the move on Thursday. Investors are awaiting an important CPI report and measuring the health of the economy after weeks of painful speculation about the impact of tariffs.

2 weeks ago | pro.thestreet.com | Helene Meisler |Doug Kass |Chris Versace |Carley Garner |James Deporre

After one of the three best days in the history of the market, the action was very disappointing on Thursday morning, with no interest in buying the inevitable pullback. Typically, big moves create a supply of buyers who have missed out and are anxious to buy dips. They may still be out there but are waiting to buy a lower price. We have to wait and see if support develops. The primary problem is that the tariff pause just isn't enough to overcome worries that the economy is heading for a recession.