Closing Bell Closing Bell Overtime: Home Depot CFO, Sequoia’s Shaun Maguire From Reagan National Economic Forum 5/30/25
May 30, 2025
Tim Sloan, Vice Chairman of Fortress Investment Group and former CEO of Wells Fargo, shares keen insights on the evolving real estate market and its challenges. Mike Santoli, Senior Markets Commentator, delves into market trends, the performance of key stocks, and the resilience of big tech despite fluctuations. Shaun Maguire from Sequoia Capital discusses venture capital dynamics in Silicon Valley, highlighting the impact of tariffs on retail and housing, and the future of innovative companies like SpaceX and AI technologies.
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Tariffs Threaten Economic Expansion
- Tariffs create a 2% of GDP tax hike that could choke economic expansion if prolonged.
- Markets may be too optimistic if this tariff conflict and uncertainty continue.
Buy Tariff Dips Strategically
- Buy the dips caused by tariff headlines as the tariff conflict is part of a negotiation.
- Economic data remains healthy; dips offer buying opportunities despite potential headline risk.
Gold Balances Risky Portfolios
- Some assets like gold hedge against risk-off and geopolitical conflict environments.
- Combine gold with foreign stocks or high-yield credit for balanced risk exposure.