Latest news with #ReganCapital
Yahoo
04-06-2025
- Business
- Yahoo
Wall Street ends narrowly mixed on weak economic data
STORY: U.S. stocks ended mixed on Wednesday, with the Dow dropping about two-tenths of a percent, the S&P 500 finishing flat and the Nasdaq ticking up about three-tenths of a percent. Investors were focused on tariff negotiations, with President Donald Trump and Chinese leader Xi Jinping expected to speak sometime this week. Wednesday was President Trump's deadline for trading partners to make their best offers to keep further tariffs from taking effect in early July. But Regan Capital's chief investment officer Skyler Weinand says a resolution to trade uncertainty could still be a ways off. "Well, we've got about three-and-a-half years left in in this administration. We got about a year-and-a-half until the midterms. We really won't see any true resolution until one of those two at least take place, at least until the midterms. [FLASH] And China is playing a game of centuries where they are, you know... when you look at auto manufacturing for example, China spent something like $280 billion bolstering auto manufacturing. They've been playing this game for a long time of onshoring. And the United States is just getting to play this game of onshoring, and onshoring is going to take 5 to 10 years." Early stock market gains on Wednesday evaporated later in the session as weak data for May revealed the toll President Trump's erratic trade policies have taken on the U.S. economy. Last month, the services sector contracted for the first time in nearly a year and the ADP National Employment Report showed U.S. private employers added the fewest number of workers in more than two years. Stocks on the move Wednesday included Tesla, which fell 3.5% as the electric-vehicle maker's sales dropped for the fifth straight month in big European markets. Shares of Meta Platforms jumped more than 3% after JPMorgan raised its price target on the stock. And shares of Hewlett Packard Enterprise rose after the company reported second-quarter revenue and profit that beat estimates, driven by demand for its artificial-intelligence servers and hybrid cloud segment. Sign in to access your portfolio
Yahoo
04-06-2025
- Business
- Yahoo
Wall Street ends narrowly mixed on weak economic data
STORY: U.S. stocks ended mixed on Wednesday, with the Dow dropping about two-tenths of a percent, the S&P 500 finishing flat and the Nasdaq ticking up about three-tenths of a percent. Investors were focused on tariff negotiations, with President Donald Trump and Chinese leader Xi Jinping expected to speak sometime this week. Wednesday was President Trump's deadline for trading partners to make their best offers to keep further tariffs from taking effect in early July. But Regan Capital's chief investment officer Skyler Weinand says a resolution to trade uncertainty could still be a ways off. "Well, we've got about three-and-a-half years left in in this administration. We got about a year-and-a-half until the midterms. We really won't see any true resolution until one of those two at least take place, at least until the midterms. [FLASH] And China is playing a game of centuries where they are, you know... when you look at auto manufacturing for example, China spent something like $280 billion bolstering auto manufacturing. They've been playing this game for a long time of onshoring. And the United States is just getting to play this game of onshoring, and onshoring is going to take 5 to 10 years." Early stock market gains on Wednesday evaporated later in the session as weak data for May revealed the toll President Trump's erratic trade policies have taken on the U.S. economy. Last month, the services sector contracted for the first time in nearly a year and the ADP National Employment Report showed U.S. private employers added the fewest number of workers in more than two years. Stocks on the move Wednesday included Tesla, which fell 3.5% as the electric-vehicle maker's sales dropped for the fifth straight month in big European markets. Shares of Meta Platforms jumped more than 3% after JPMorgan raised its price target on the stock. And shares of Hewlett Packard Enterprise rose after the company reported second-quarter revenue and profit that beat estimates, driven by demand for its artificial-intelligence servers and hybrid cloud segment.
Wall Street Journal
13-05-2025
- Business
- Wall Street Journal
Here's Why Markets Are Shrugging Off the CPI Report
Today's inflation report was a positive one for Wall Street—but professional investors say it is too soon to gauge how President Trump's trade policy has impacted prices. 'Bottom line, this was a good inflation report,' Peter Boockvar, the chief investment officer of Bleakley Financial Group, wrote in a morning note. 'But this does not really capture yet the response to tariffs.' Skyler Weinand, chief investment officer at Dallas-based Regan Capital, put it this way: 'Until tariffs are reduced to zero, inflation will present itself and creep into consumer prices and eventually interest rates…The administration is merely trying to tiptoe back into the arena of 'do no harm' for the foreseeable future and to let the market do its thing.' 'Not only is the April CPI report unlikely to have fully captured the tariff impact post-Liberation Day, but inflation numbers will now be further whipsawed by the US/China trade truce announcement,' wrote Seema Shah, chief global strategist at Principal Asset Management. 'The implication is that a clear read on the inflation trend won't be visible for several months yet. This prolonged inflation uncertainty likely implies a prolonged Fed pause.' Other money managers were taking the good news in stride: 'And just like that, the markets' twin fears—a tariff-induced recession and sticky inflation—have been greatly assuaged,' said Chris Zaccarelli, chief investment officer for Northlight Asset Management in Charlotte, N.C., in morning comments. 'In the short run, markets should love this data and continue yesterday's (China-trade) celebration.'
Yahoo
09-05-2025
- Business
- Yahoo
A services tariff from China would be worrisome, strategist explains
As US officials are set to enter trade negotiations with China this weekend, Wall Street speculates where US tariffs against China could fall to from the current 145% levy. Regan Capital chief investment officer Skyler Weinand joins the Market Domination team for a conversation on the United States' role as a services exporter and how retailers are attempting to tariff-proof. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Okay, so let's dig into this a little bit, because the worst case scenario at one point were tariffs that were a lot higher, right? That those, you know, the board with all those reciprocal tariffs that the president uh initially uh put up there, and we know we're not getting that scenario. But walk me through what you think is now going to happen that the market is not quite accounting for. Yeah, so let's just say, I mean, that was the worst that was the known known, right? Okay, here's where tariffs are. And now we're talking about 80% versus 145% on Chinese goods. Um, so what investors aren't thinking about and we're only talking about goods, okay? You know, you have an iPhone, and or you have an Android, I don't know if you're an Android person. But you have your you think of your iPhone, you think of, okay, well, the price might go up on this from $1,000 to $1,400, okay? What you're not thinking about is all of the apps and services you use on a daily basis. Think about all the subscriptions you use. Think about Microsoft Office, for example. So this is super tangible. So the United States is a huge exporter of services. That includes software, that includes consulting, business consulting, that includes legal services, but let's just take Microsoft. Microsoft Excel and Word, what if China puts a tariff and we're talking about uh, let's just say they're paying for Microsoft, what if China puts a tariff of 100 or 300% on Microsoft Office? What if the entire world does that? We're not even talking about that yet. So think about anybody, any firm that is selling their products internationally, especially software firms, any service company that hasn't entered anyone's mindset yet. That is this huge black swan of, well, what if what if services start getting tariffed to the tune of of what we're talking about goods getting tariffed. That that's that's what I'm worried about. So Skyler, given those unknowns, given those uncertainties and you you sound more cautious here, um how does that inform your investment strategy, your investment decision making? How do you want to be positioned? Yeah, on the equity side, I would definitely hunker down a little bit more, focus on US-based businesses. If you're going to be exclusively a US-based investor, you have to think about and filter out some companies, a lot of companies that are that have a either A, a tremendous amount of exports internationally, if they're relying on more than 30% of their revenues from offshore, or if they're relying on more than 30% of their inputs from offshore, okay? So what uh what are my alternatives? Maybe looking at like discount retailers, like a TJ Maxx or a Ross Stores, where uh folks might be trading down from a Neiman Marcus or a Nordstrom to um, you know, all like a TJ Maxx or Ross Stores. Also looking at I brought up uh I brought up cell phones, think about a T-Mobile or a Verizon, who is charging customers at subscription, and those are all US-based customers primarily Verizon is. And you know, that I would say is more of of a tariff-proof asset. Then when you look on the fixed income side, you've had this whipping around of the back end of the curve, anything that has interest rate risk has been extremely volatile and extremely risky over the last six weeks. What hasn't been risky is the front end of the curve. And I'm talking about floating rate paper, very short duration paper, um that continues to put up 4 and a quarter to to 5 and a half percent yield, depending on what asset class they're in. But stay short, and you know, if you're a US-based investor and you want to continue to focus on US-based investments, stay local, companies that aren't relying on imports and exports as much as, let's say, a Microsoft might be. Sign in to access your portfolio
Yahoo
09-05-2025
- Business
- Yahoo
A services tariff from China would be worrisome, strategist explains
As US officials are set to enter trade negotiations with China this weekend, Wall Street speculates where US tariffs against China could fall to from the current 145% levy. Regan Capital chief investment officer Skyler Weinand joins the Market Domination team for a conversation on the United States' role as a services exporter and how retailers are attempting to tariff-proof. To watch more expert insights and analysis on the latest market action, check out more Market Domination here.
