EVENTS:   Update on the Roaring 1920’s Scenario - Edward Yardeni/Yardeni Research - 22 Oct 25     ROADSHOWS: Sustainability and Impact Investing - Megatrends and Investment Implications - François Boutin-Dufresne /Sustainable Market Strategies   •   London   20 - 22 Oct 25       Commodities Research with a Focus on Energy - Kathleen Kelley /Queen Anne's Gate Capital   •   London   20 - 24 Oct 25       Consumer / Retail Channel Checks and Stock Picks - Mark Friedman & Marni Shapiro /The Retail Tracker   •   London   21 - 22 Oct 25       L/S US Communications, Media & Software Ideas - Andrew Freedman /Hedgeye   •   London   28 - 29 Oct 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.