The markets are waiting…
This morning, they moved higher before settling slightly lower.
And now, they look to be at a standstill…
What are they waiting for?
NVDA earnings after the market today are the big headline on everyone’s mind. At least, that’s the case if you read the headlines on Yahoo! Finance.
But I think tomorrow’s GDP print is equally or even more important.
Right now, the economy is sending conflicting signals at all times. We can’t figure out which way is up.
I mean within the last four or five days, we have had ALL of these stories come out:
- The House passed President Trump’s “Big, Beautiful Bill”
- Trump changed his mind and seems ready to support Nippon Steel’s acquisition of U.S. Steel (X)
- President Trump threatened 50% across-the-board tariffs on the EU
- President Trump announced a pause on 50% across-the-board tariffs on the EU
- A series of companies announced that they would be forced to raise prices due to tariff policy, including Birkenstock and Microsoft
- President Trump has tweeted (yet again) that Canada is considering a deal to become the 51st state (spoiler: they are not)
- Credit default swaps are hitting 2008 levels
And that’s just a taste of everything going on right now.
There’s simply no way to predict how every individual piece of news will affect the market…
But there’s a way to prepare for all of it!
And that’s (you’ll never see this coming) by joining us on the Roundtable today at 1:00 PM ET!
UPDATE: You can now watch the on-demand replay here!
And read my recap of the key lessons learned here.
To your prosperity,
Stephen Ground
Editor-in-Chief, ProsperityPub
