The Fox News Rundown Business Rundown: President Dismisses Latest Tariff Tensions With China
Oct 13, 2025
Lou Basenese, Executive Vice President of Market Strategy at Prairie Operating Company, dives into the pressing U.S.-China tariff tensions and their impact on the market. He explains how political maneuvering creates volatility for investors. Basenese also explores the current gold rally and its connection to trends like ETF flows and cryptocurrency. The conversation touches on potential government shutdowns and how they might influence markets, alongside insights on where to invest in the burgeoning AI sector.
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Tariff Headlines Drive Market Volatility
- Markets hate uncertainty and will be spooked by tariff headlines between the U.S. and China.
- Expect recurring volatility until a durable China trade deal is actually completed.
Hold Cash To Buy Volatility
- Keep cash ready to buy quality companies during tariff-driven pullbacks.
- Use volatility to add to firms growing earnings rather than chasing momentum names.
Prefer AI Infrastructure Over Mega Caps
- Buy companies that will persist beyond trade skirmishes, focusing on AI infrastructure plays.
- Target smaller firms building power, data-center, and transmission capacity rather than only giant chip names.