Closing Bell Closing Bell: Trade Relief Sparks Market Surge 5/12/25
May 12, 2025
Avery Sheffield, co-founder and CIO at Vantage Rock, shares market insights about U.S.-China tariff implications on technology and financial sectors. Steve Kovach, a tech sector analyst, discusses the latest trends affecting Apple's stock and product strategies. The conversation highlights investment strategies for a shifting economy, the impact of rising interest rates on consumer behavior, and a bullish outlook on casinos contrasted with struggles in telecoms, all while navigating potential recession risks.
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Positive Impact of Tariff Rollback
- Rolling back U.S. tariffs on China is a materially positive outcome reducing trade tensions.
- This rollback likely removes the worst-case economic fears, improving investor and company outlooks.
Lean into Cyclical Stocks
- Investors can lean into less expensive cyclical stocks in the current economic backdrop.
- Choose reasonably priced companies with solid growth prospects amid manageable tariffs and fiscal expansion.
Fed Rate Cuts and 10-Year Yield
- The 10-year Treasury yield signals no urgency for Fed cuts since the economy is holding up.
- Early rate cuts risk raising long-term yields, hurting housing and investment sectors.