The Curve A Tariff Truce, Markets Rebound, and Buffett’s Got a New Favourite.
The US stock market is officially back in its hot girl summer era, and we’re here for it. This week, Vic and Soph break down why markets have jumped nearly 20% (hint: a temporary US-China tariff truce that’s more “situationship” than solid relationship). We also dive into Warren Buffett’s big bets on Japan and why investors are suddenly flocking to the Land of the Rising Sun. Meanwhile, over in pharma land, Novo Nordisk said “thank you, next” to the CEO who tripled their share price (rude), and Foot Locker just sprinted into a buyout deal - sending its stock price up 85% in a day. Whew. It's a week of plot twists in the world of money, but don't worry - we've got all the headlines, hot takes, and healthy skepticism covered.
WTF Does That Mean? A Guide to All the Jargony Bits:
Tariffs – Taxes on imported stuff. Countries throwing shade.
Truce – A temporary pause in the tariff drama.
ETF – A bundle of shares in one. Investing made easy.
Japanese ETF – Same, but full of Japanese companies.
Conglomerate – One giant company owning lots of others.
Market Correction – A drop in prices after a high. Stocks chill out.
Pharma Stock – A company that makes medicine.
CEO Shake-Up – When the boss gets booted.
Acquisition – One company buying another.
Timing the Market – Trying to buy low, sell high. Good luck.
Diversification – Spreading your money around. Safety in numbers.
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