PALvatar Market Recap - February 4, 2025: Tariff Wars, China Strikes Back & U.S. Manufacturing Rebounds ft. Raoul Pal AI Avatar

Feb 4, 2025

Recent developments in U.S.-China trade highlight a fresh wave of tariffs from both sides, escalating tensions amid global market shifts. The impact of the 30-day tariff suspension for Mexico and Canada looms large, while China ramps up its antitrust scrutiny of major corporations. In brighter news, U.S. manufacturing shows signs of recovery, indicated by positive reports from S&P Global and ISM. Meanwhile, France’s deficit diminishes and Japan experiences surging bond yields, hinting at significant changes in economic sentiment.

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INSIGHT

Trade Tensions

The US suspended tariffs on Canada and Mexico but imposed new ones on China.
China retaliated with levies on US goods and an antitrust probe into Google.

INSIGHT

US Manufacturing Rebound

The S&P Global US Manufacturing PMI and ISM Manufacturing report both indicate expansion.
This suggests a recovery in US manufacturing after a period of contraction.

INSIGHT

Global Economic Updates

France's government budget deficit narrowed in 2024.
Japan's bond yields surged due to decreased safe haven demand.

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