Wow, is it just me, or have things been going at such a frenetic pace since the beginning of the year? It certainly has been interesting since the results of the November election as markets responded positively to Donald Trump being reelected. This was followed by a ‘hangover’ in December as we saw the markets pull back. Since President Trump’s inauguration, there hasn’t been a shortage of headline-grabbing and uncertainty-inducing news in just the last 3 weeks, from the whirlwind signings of executive orders to the Fed choosing to hold interest rates steady and telling us they’re not “in a hurry” to push more rate cuts, to the sudden emergence of a new Chinese AI competitor, Deepseek, that sent shockwaves to the Tech Sector, to most recently the Tariffs being imposed on the United States’ largest trading partners Mexico, Canada and China.
For those of you who’ve been reading our newsletters for some time, you’ve heard me time and again say that the markets hate uncertainty. And while the election eliminated a major one as to who would be coming into the White House, some new uncertainties have cropped up, especially concerns around how the new tariffs would impact consumers in the short term. While Mexico and Canada were able to strike a deal that paused tariffs for 30 days, China countered with tariffs of its own. Some have said that this could all be just a bargaining tool, but there’s also a real threat that in the short-term Americans could feel some pain with increased prices. But despite all of this, the markets have been positive so far this year and despite the volatility as of late, the volatility index or VIX is still staying within the moderate range.
With that said, this bull market continues its march forward and our money managers are carrying on with business as usual. And don’t forget, the comforting aspect with our strategies is that they don’t try to predict what may or may not happen in the markets but are designed to just respond to whatever the market gives us. This is the beauty and benefit of having tactical management. If you’d like to talk, please reach out to us at albanoteam@gvcaponline.com or call 262-230-1095.
Global View Capital Management honored with two prestigious awards by Financial Services Review and by ETF.com
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