CNBC’s “Money Movers” A ‘Massive’ Increase of Tariffs, Goldman’s Top Earnings Trades
Oct 10, 2025
Eamon Javers, a CNBC correspondent focused on politics and policy, dives into President Trump's dramatic tariff threats against China. He discusses the implications of potential trade wars, market reactions, and the fragile U.S.-China relationship. Later, Jeff Moon, a former U.S. trade representative, analyzes China's tactics and the U.S. strategy to secure rare earth production amidst rising tensions. They also touch on Goldman's top earnings trades, highlighting stocks that have consistently outperformed the market.
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Prioritize Quality Ahead Of Earnings
- Megan Hsu recommends prioritizing high-quality, large-cap companies with sound balance sheets ahead of earnings season.
- She advises bracing for a 5–10% pullback and not chasing small-cap momentum.
Tariff Threats Escalate U.S.-China Tensions
- President Trump posted threats of a "massive" tariff increase vs. China after China's rare-earth export curbs, escalating tensions instantly.
- Markets reacted negatively amid uncertainty about whether the threats are bluster or prelude to real policy action.
Vague Rhetoric Vs. Concrete Policy
- Eamon Javers frames the president's post as an angry but vague escalation that may be negotiating leverage rather than immediate action.
- Market participants should watch for concrete follow-up to determine if rhetoric becomes policy.