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It was another crazy week when speculation continued about how good businesses could be attacked by AI-driven rivals.
Even before Friday’s incredible U-turn for stocks, where the Dow Jones was up a huge 1,000 points plus (with even the recently hated tech stocks back in favour), I had used the headline that it was a crazy week, and Donald Trump wasn’t to blame.
For someone whose job it is to guide investors, President Trump has turned Washington, home of the White House, into what I call Curve Ball County.
For market players, 2026 (just like 2025) is set to be the same as it was overnight — Trump-v-the economy, with AI remaining both the pumper of stock prices, as well as the potential thumper, if it underperforms in reporting season.
For market players, 2026 (just like 2025) is set to be the same as it was overnight — Trump-v-the economy, with AI remaining both the pumper of stock prices, as well as the potential thumper, if it underperforms in reporting season.
Yesterday for our general newsletter called Switzer Daily, I wrote a piece about a Santa Claus rally being on its way as US inflation falls! I couldn’t resist adding that Santa Claus is coming to town so start making a list and checking it twice! You must find companies that are naughty and nice!
Is this Thanksgiving week stocks comeback the real thing or a real turkey?
Is this Thanksgiving week stocks comeback the real thing or a real turkey?
Is this Thanksgiving week stocks comeback the real thing or a real turkey?
Friday’s stock trading in the US underlined how I got it right when I named today’s story about this week’s share market action as being driven by “loser catastrophisers”.
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