03.02.25 - Tariffs paused

First with Mexico, later tonight with Canada. Tariffs are put on hold for 30 days after the countries were able to find a short-term deal.

Markets: Stock markets were able to pare some of their big losses. Cryptos back in the green. The US dollar lost some ground after the currency had some gains intraday.

My View: As markets showed a way of stabilization on lower levels during the sharp sell-off, I did close the second half of the short-bet on semiconductors, realizing gains of 24% on average. The tactical position was implemented also in two steps during January with a leveraged ETF (s. Market Insights).
The question remains, what’s next? Markets remain news driven.

Become a member to access more valuable market updates like this.