Unhedged The beatings will continue until markets improve
12 snips
Feb 27, 2025 The podcast dives into the surprising success of European defense companies amidst President Trump's shifting stance on Ukraine. It explores the contrasting fortunes of U.S. and European stock markets, highlighting a potential investor preference for the latter. The discussion shifts to the implications of looming tariffs and their likely fallout on allies and consumer behaviors. Finally, the hosts lighten the mood with insights on the Oscars and share personal investment strategies focused on the U.S. dollar.
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European Stock Market Reversal
- European stocks are outperforming US stocks by 8-10% since January 1st.
- This is a significant shift, as European markets have lagged behind the US for 15 years.
European Defense Stocks Surge
- European defense companies are performing well due to the war in Ukraine and US policy shifts.
- The US is encouraging Europe to increase defense spending, benefiting European companies.
US Defense Stocks Decline
- US defense stocks are declining as investors anticipate cuts to the Pentagon budget.
- This is driven by discussions of budget cuts and shifting US defense priorities.
