S&P 500 declined for the 2nd straight week. Weekly market recap, trading week 09/2025

Summary of the trading week using the most popular posts from the X platform

Author

Global Markets Investor
March 02, 2025

In this series, you can find financial markets posts with the highest number of interactions from my X platform feed over the most recent week. I am aware that not everybody uses X regularly, so I thought it could provide some value to your analysis, and investment process. These posts are also surrounded by commentary and explanations of complicated topics.

Another rollercoaster week in the markets. Stocks dropped for the first four days before jumping in the last two hours of Friday’s session, likely driven by pension funds re-balancing. Meanwhile, Gold and silver finally experienced a decent pullback.

Economic data continued to weaken while President Trump added more details to his tariff policy. Trump said tariffs on Mexico and Canada will be imposed on March 4. While China will be charged with additional 10% tariffs to a total 20% on April 2.

Lastly, reciprocal tariffs are due at the beginning of April, and those duties could hit Canada and Mexico, but are still separate from the ones set for March 4, according to White House officials.

⚠️CHART OF THE WEEK: Will the gold outperformance of the S&P 500 continue for years?

Food for thought regarding gold and the S&P 500 relative performance

globalmarketsinvestor.beehiiv.com/p/chart-of-the-week-will-the-gold-outperformance-of-the-s-p-500-continue-for-years

How did the top 10 world economies perform in 2024?

Time to revisit the economic growth in the top 10 largest global economies, and what may be lying ahead for them

globalmarketsinvestor.beehiiv.com/p/how-did-the-top-10-world-economies-perform-in-2024

🚨US government bonds are rallying

Long-term Treasuries are benefiting from deteriorating US economic data

globalmarketsinvestor.beehiiv.com/p/us-government-bonds-are-rallying

⚠️The true rate of US unemployment might be as high as 24%

This is when we take into account millions of underemployed and low-earners

globalmarketsinvestor.beehiiv.com/p/the-true-rate-of-us-unemployment-might-be-as-high-as-24

!!️US serious delinquencies on auto loans are skyrocketing

More evidence that the majority of US consumers are struggling

globalmarketsinvestor.beehiiv.com/p/us-serious-delinquencies-on-auto-loans-are-skyrocketing

🚨Warren Buffet's Berkshire Hathaway cash levels hit a new record

The Oracle of Omaha does not see many opportunities in this overvalued market

globalmarketsinvestor.beehiiv.com/p/chart-of-the-week-us-private-sector-hiring-is-at-recession-levels-1

!?️Will tariffs limit economic growth, lift inflation and volatility in the markets!?️

Brief explainer of the trade war 2.0 and its potential impact on the markets and the global economy

globalmarketsinvestor.beehiiv.com/p/will-tariffs-limit-economic-growth

1) Weekly performance. In the first screenshot attached, you can see last week’s performance of the major US indexes, the VIX volatility index, gold, and Bitcoin.

- S&P 500 declined 1.1%
- Nasdaq index plummeted 3.6%
- Dow Jones rose 0.9%
- Russell 2000 (small caps) fell 1.6%
- VIX rose 6%
- WTI Crude Oil fell 0.5%
- Silver dropped 4.8%
- Gold tumbled 3.2%

!?️Is this a time to be cautious about gold?

Short-term and long-term perspectives for the world's most desired metal.

globalmarketsinvestor.beehiiv.com/p/is-this-a-time-to-be-cautious-about-gold

- Bitcoin fell 13%

Is Bitcoin going to $1,000,000?

What to expect from the world's largest cryptocurrency in the coming months and years

globalmarketsinvestor.beehiiv.com/p/is-bitcoin-going-to-1000000

For the trading week ending March 7, key events are:

- US ISM Manufacturing PMI for February on Monday

- US ISM Services PMI for February on Wednesday

- US ADP Employment for February on Wednesday

- US Challenger Job Cuts for February on Thursday

- US Non Farm Payrolls for February on Friday

- Fed Chair Powell Speaks on Friday

- At least 10 Fed speakers.

Next week is all about the US job market data and the following Fed Chair Powell speech. Notably, job openings release is schedules for Tuesday next week. Additionally, investors will be looking whether the services sector weakness will be confirmed in the ISM PMI index.

INVESTMENT PORTFOLIO UPDATE (December 9, 2024)

Please find out an update about my market positioning - only for Founding Members

globalmarketsinvestor.beehiiv.com/p/investment-portfolio-update-december

2) Is the US stock market heading for a correction?

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