EVENTS:   Building Resilient Portfolios in an Age of Disruption - Pavol Povala/Allocation Strategy - 19 Nov 25   NEW SERIES: Best Equity Long Ideas Conference Call 1 - Kevin Cassidy/Rosenblatt Securities & Andrew Freedman/Hedgeye & Jonathan Boyar/Boyar Research & Hamed Khorsand/BWS Financial & Pelham Smithers/Pelham Smithers Associates & Hemant Kotak/Kolytics & Benjamin Silverman/2Xideas - 20 Nov 25   UK Budget - How Did We Get Here, Why is UK Having Another Massive Tax Hike? - Mark Bathgate/Tweeddale Advisors - 21 Nov 25     ROADSHOWS: Buyside to Buyside Forum and Expert Calls across TMT, Consumer, Healthcare and Fintech - Andrew Peters /Revelare Partners   •   London   17 - 19 Nov 25       Fundamental US Healthcare Short Ideas - Dr Elliot Favus /Favus Institutional Research   •   London   17 - 19 Nov 25      

Beat the Bear Market

Belkin Report

Tue 29 Apr 2025 - 16:00 BST / 11:00 ET

Topics

Financial markets are tearing down shibboleths. Deeply-held beliefs about investing are crumbling one by one

* The dollar. The dollar has now completely reversed and is back to the 98 level, only slightly below its pre-election level

* AI. The NYFANG index peaked on Jan 6, 2025 at 150 and is now 95, down -37%

* China. US hedge fund and retail investors loved Chinese stocks early this year. But the FXI is now down -18% from its March peak

* Gold. The belief that gold is a bad investment is a shibboleth, what are they thinking?

Belkin's downside targets for stock indexes are significantly lower. Sell and short into brief rallies and get defensive.