Sam Badawi
The Fed is NOT Going to Save You
3/19/2025, 2:36:06 PM
Economic Summary
- Market pulled back after NVIDIA event
- Fed funds futures pricing in 2-3 rate cuts
- Economy normalizing, not in recession
- US housing inventory rising
- Gap between income and home affordability
- China increasing fiscal stimulus
Bullish
- NVIDIA remains GPU market leader
- Broadcom to benefit from AI network needs
- Cybersecurity demand resilient to budget cuts
- Google acquisition of Wiz could drive growth
- China poised for consumption growth via stimulus
- Venture Global positioned well in LNG market
Bearish
- US housing affordability at historic lows
- Commercial real estate values declining
- Potential overspending and hype in AI infrastructure
- Fed may keep rates higher for longer
- Tesla demand shrinking, particularly in US
- Possible muted US growth over next decade
Bullish tickers
NVDAAVGOGOOGLCRWDVG
Bearish tickers
TSLAMSFTAAPLGOOGL
People mentioned
Chris PatelJerome PowellDonald TrumpTom LeeJohn W. Thompson