Sam Badawi
Markets Bottom on Recession Fears
3/5/2025, 7:10:49 PM
Economic Summary
- Atlanta Fed GDP Now forecast discussed
- Trump administration focused on crushing inflation
- Large sums in money markets earning high yields
- Fed rate cuts expected in coming months
- USD weakening boosting foreign currencies
- Housing inventory returning to pre-pandemic levels in some states
- Potential impact on commercial real estate refinancing
- Signs of discretionary spending slowdown like empty Vegas
Bullish
- Possible local market bottom forming
- Defensive sectors showing resilience
- Money flowing into treasuries with attractive yields
- Emerging markets could see inflows
- GitLab showing strong revenue growth
- GitLab expanding gross margins
- GitLab profitable with high retention rates
- CrowdStrike reporting strong earnings
Bearish
- Policy by tweet creates market uncertainty
- Trend still down despite possible short-term bounce
- Potential systemic issues from refinancing challenges
- Emerging market strength may hurt US assets
- Energy sector falling sharply
- Consumer discretionary under pressure from Tesla and others
- Possible new pandemic fears impacting sentiment
- Vegas showing signs of weak discretionary spending
Bullish tickers
TLTGTLBCRWD
Bearish tickers
TSLAAMZN
People mentioned
Donald Trump