EVENTS:   Why a Global Upswing Is Brewing - The Parallels with the Noughties - Chris Watling/Longview Economics - 01 Jul 25   Best Equity Short Ideas Conference Call 11 - Thomas Chanos/Badger Consultants & Julian Hull/Dragoneye Research & Tom Beevers/Forensic Alpha & Makay Redd/Oxford DataPlan & John Zolidis/Quo Vadis Capital & Scott Mushkin/R5 Capital - 02 Jul 25   The EM Rebound: Reality, Risk, and Regional Opportunities - Jon Anderson/Emerging Advisors Group - 03 Jul 25     ROADSHOWS: U.S. Financials Regs under the Trump Administration  - Ian Katz /Capital Alpha Partners   •   London   01 - 04 Jul 25       L/S Industrials and Materials Ideas - Jay Van Sciver /Hedgeye   •   London   09 - 11 Jul 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.