May 1, 2025
By Peter Bower
The investing horizon is becoming clearer. The economy has slowed but is still strong. Companies’ earnings remain good with an estimated 10 percent average increase this year. Tariff rates are being managed downward as agreements or exemptions are made to alleviate excess damage or other unintended consequences. The U.S. dollar is still king and unlikely to be replaced as the world’s most common medium of exchange anytime soon.
Investors should take heart. We are getting over the tariff shock, and firms are seeing that there are ways to mitigate their impact. Surely, there are some companies that are temporarily hurt, but don’t give up on American ingenuity to find workarounds. The Bull has written several times that he believes the bottom of this correction is in. It is now time to play for recovery. Stay steady my friends.
-The Lonely Bull
