June 10, 2025 • 8 mins
Chinese markets rose, Wall Street drifted to a mixed close on Monday. Tim takes a look at what investors are reacting to this week as China and the U.S. meet for trade talks.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Fred, it's Tuesday, fantastic, but today is all positivity and optimism. Really, okay,
we can talk about you bet you. We have the
Optimism Report coming out and they're scheduling or they're saying
that it should be a little bit better than last month.
And that's good at small businesses. They go out and
talk to and it's not over one hundred, but that's
(00:21):
where it's getting to. So we're expecting about ninety seven,
nightty six and eighty seven. So that's a good thing.
Speaker 2 (00:26):
So I just I just ask them how they're feeling
about things through you know, like industry, we.
Speaker 1 (00:34):
Go on feelings. We go on feelings. That's how we
operate nowadays. A monthly survey of small business owners conducted
by the National Federation of Independent Businesses. Okay, okay, that's
what happens. So it's a little survey. They don't go quiet, Well,
how do you feel that we'll get there? But I
forgot the report didn't news yesterday. I forgot the report. Jeez,
(00:57):
we always talk about diesel. Yeah, it actually dropped yesterday
below three hours and fifty cents national average back up
to three fifty, but it was three fifty this morning.
It was at three forty nine. I hidden up yesterday.
I go, oh, I missed out on the best news,
because that's why we like to watch go down. And
it hasn't budged in the longest time. And it dropped
(01:18):
away three dollars and fifty cents. It crept back up,
and I'm looking forward to go down again. But a
little worry some when I see the barrel of roil
climbing a little bit, still not out of line, but
it's sitting at sixty five and forty six cents, which
has been climbing a little bit, So we'll keep your
eye on that. But other than that, not a whole
lot moved the market yesterday. We're waiting for tomorrow. We're
(01:39):
waiting for the CPI to come out a psiment of
inflation and then the PPI on Thursday. But where we
finished the day was relatively flat. The Dow was down
basically one one point, which is zero. The S and
P five hundred was down five point five to two points.
I mean that's, you know, point zero nine of a percent.
(02:01):
The nastact up sixty one points, which is point three
one percent, so relatively comdo you know, we're waiting on
news to come out because we're talking to China, tried
to work out our trade deals. Their trade slowed a
little bit in May, even though it grew from last year.
But again I always cautioned myself when I read stuff
(02:22):
with China is saying how you know their economy is
going in things? Because they can say anything, you don't
really know what's going on. You know, it's a communist country.
I wanted to point out to Another positive thing was
look at the S and P five hundred. It's it
closed yesterday at six thousand five points, So I wanted
to know, Okay, where was it the day after Trump
(02:43):
got elected? It was sitting at five nine and twenty nine.
So we dropped twenty percent. We bounced right back up.
We're about where we started when he first got elected.
That's a good thing. You know. We've been through a
lot of talk over the last few months, a lot
of up and downing and worrying about, you know, ring
our hands about the tariffs. But here we are again.
Speaker 2 (03:03):
Yeah, and it's only it's only June. It's been six months.
Speaker 1 (03:07):
That's it. That's it. It's been six months.
Speaker 2 (03:10):
Give it a year. Let's see where we're at in
a year I keep, you know, I see all these parts,
and I was kind of gratified. My wife and I
were watching the news the other day. I forgive this channel,
and one of the talking heads said, well, you understand
that president she never doesn't have to run for reelection,
(03:32):
so he's not really under the same rules and regulations.
And I'm and I'm screaming at the TV. I said
that three weeks ago.
Speaker 1 (03:41):
He doesn't. He doesn't.
Speaker 2 (03:43):
He doesn't play by the same rules that we play by.
He doesn't care. He's not going to have thousands of
people in the street complaining if you know, prices go
through the roof. He doesn't care if thousands of people
starved to death in a region of China that no
has ever heard of. He's got a whole different deck
of cards that he's playing with. So it'll be interesting
(04:06):
to see what happens. They're talking. As you said, we'll
wait and see, uh in the next couple of days.
Most of it's going to be like you mentioned earlier. Feelings.
You know, if our representative comes out and says talks
are going very well, then the stock market will probably
take a leap. And if a g comes out or
his spokesperson comes out and says, boy, I don't know.
(04:29):
I don't think this is going any place. The queue
right down for the toilet rad.
Speaker 1 (04:34):
I'm gonna make it. I'm gonna make a prediction. Okay,
I think it's gonna it's gonna go. Well, they're gonna
work something out because these are the two biggest economies.
They have to work something out.
Speaker 2 (04:44):
Yeah, they really do. But Chinese markets looked pretty good yesterday,
didn't they. Asia and Europe actually looked pretty good yesterday.
Speaker 1 (04:52):
Yeah, it wasn't on the screen, didn't come up. That'd
be nice. I just asked it forrad. I had it.
I had it at Hilaro and then I clicked on
the wrong button and barrem off. All right, so yes,
it was up a little bit. I don't I didn't
see I didn't see the index at the end of
the day, and I can't pull it up right now.
So okay, that's all right.
Speaker 2 (05:11):
Well I know that I know that their prices fell
from a year earlier, So that's pretty good, at least
for the Chinese consumers.
Speaker 1 (05:19):
All right.
Speaker 2 (05:21):
Exports slowed a little bit, but that's you know, because
of the tariffs.
Speaker 1 (05:25):
Hong Kong exactly.
Speaker 2 (05:26):
You know, Hong Kong rallied a little bit over one percent,
zero point four percent, and Shanghai, so you know they're
doing okay. It's not like they're hurting as much as
everybody thought they would.
Speaker 1 (05:40):
And that was last night. Now now they're currently setting
down just the hair. But it's only down a half
percent on Shanghai, okay right now, So it did climb.
You know, again they're witting on our talks as well.
The NIEK is up one hundred and twenty three points right,
one point three two percent. So European market a little
bit negative, but you know, it's all a wait and
see what trade deals are still going to get worked out,
(06:03):
but we'll go. But we had some companies Qualcom rally
four point one after saying you agreed to buy Alpha Wave.
But I like seeing these companies get together. Just everybody's
making deals. IONQ meanwhile rose two point seven percent after
they said the agreed to purchase Oxford. Some of these
come they've never heard of rank I said Oxford Ionics
(06:27):
for nearly one point eight billion, one or eight billion.
I mean a lot of mergers going together. That's good
step going on Wall street. Let me see one the brothers.
This was interesting and but did you see what they're doing.
They're splitting off. They're taking the television department like CNN,
(06:48):
TNT Sports and separating it. I'll tell you, you know,
the regular television networks and things are everything's changing for
people getting their news other places.
Speaker 2 (07:00):
And the other thing that's going to happen with these
mergers and acquisitions. People are going to lose their jobs
because there's going to be one guy that knows how
to do the job of all the other guys and
all the other divisions. Somebody is going to be out
on the street by the end of the by the
end of the month. That's just a given. I've seen
it happen one hundred times in radio, so I know
(07:22):
it's gonna I know it's going to.
Speaker 1 (07:23):
Happen here too. They just need to listen to them
in the morning. Yeah, exactly, they get their right here, exactly.
Speaker 2 (07:32):
All right, Tomorrow is a we trow Wednesday. You've got
a lot to do today. Make sure that things go
well so that tomorrow we have good news again. Also,
we'll check in with Tim tomorrow at six thirty five.
If you need to reach them, before then four one,
nine eight two, four thirty three hundred Tim w Weetrow
Advisors dot com also on Facebook sign up for their
(07:53):
weekly newsletter. Advisory services are offered through Capital Investment Advisory
Services LLC. Securities are offered through Capital Investment Group, a
member of FENRA SPC
Fred, it's Tuesday, fantastic, but today is all positivity and optimism. Really, okay,
we can talk about you bet you. We have the
Optimism Report coming out and they're scheduling or they're saying
that it should be a little bit better than last month.
And that's good at small businesses. They go out and
talk to and it's not over one hundred, but that's
(00:21):
where it's getting to. So we're expecting about ninety seven,
nightty six and eighty seven. So that's a good thing.
Speaker 2 (00:26):
So I just I just ask them how they're feeling
about things through you know, like industry, we.
Speaker 1 (00:34):
Go on feelings. We go on feelings. That's how we
operate nowadays. A monthly survey of small business owners conducted
by the National Federation of Independent Businesses. Okay, okay, that's
what happens. So it's a little survey. They don't go quiet, Well,
how do you feel that we'll get there? But I
forgot the report didn't news yesterday. I forgot the report. Jeez,
(00:57):
we always talk about diesel. Yeah, it actually dropped yesterday
below three hours and fifty cents national average back up
to three fifty, but it was three fifty this morning.
It was at three forty nine. I hidden up yesterday.
I go, oh, I missed out on the best news,
because that's why we like to watch go down. And
it hasn't budged in the longest time. And it dropped
(01:18):
away three dollars and fifty cents. It crept back up,
and I'm looking forward to go down again. But a
little worry some when I see the barrel of roil
climbing a little bit, still not out of line, but
it's sitting at sixty five and forty six cents, which
has been climbing a little bit, So we'll keep your
eye on that. But other than that, not a whole
lot moved the market yesterday. We're waiting for tomorrow. We're
(01:39):
waiting for the CPI to come out a psiment of
inflation and then the PPI on Thursday. But where we
finished the day was relatively flat. The Dow was down
basically one one point, which is zero. The S and
P five hundred was down five point five to two points.
I mean that's, you know, point zero nine of a percent.
(02:01):
The nastact up sixty one points, which is point three
one percent, so relatively comdo you know, we're waiting on
news to come out because we're talking to China, tried
to work out our trade deals. Their trade slowed a
little bit in May, even though it grew from last year.
But again I always cautioned myself when I read stuff
(02:22):
with China is saying how you know their economy is
going in things? Because they can say anything, you don't
really know what's going on. You know, it's a communist country.
I wanted to point out to Another positive thing was
look at the S and P five hundred. It's it
closed yesterday at six thousand five points, So I wanted
to know, Okay, where was it the day after Trump
(02:43):
got elected? It was sitting at five nine and twenty nine.
So we dropped twenty percent. We bounced right back up.
We're about where we started when he first got elected.
That's a good thing. You know. We've been through a
lot of talk over the last few months, a lot
of up and downing and worrying about, you know, ring
our hands about the tariffs. But here we are again.
Speaker 2 (03:03):
Yeah, and it's only it's only June. It's been six months.
Speaker 1 (03:07):
That's it. That's it. It's been six months.
Speaker 2 (03:10):
Give it a year. Let's see where we're at in
a year I keep, you know, I see all these parts,
and I was kind of gratified. My wife and I
were watching the news the other day. I forgive this channel,
and one of the talking heads said, well, you understand
that president she never doesn't have to run for reelection,
(03:32):
so he's not really under the same rules and regulations.
And I'm and I'm screaming at the TV. I said
that three weeks ago.
Speaker 1 (03:41):
He doesn't. He doesn't.
Speaker 2 (03:43):
He doesn't play by the same rules that we play by.
He doesn't care. He's not going to have thousands of
people in the street complaining if you know, prices go
through the roof. He doesn't care if thousands of people
starved to death in a region of China that no
has ever heard of. He's got a whole different deck
of cards that he's playing with. So it'll be interesting
(04:06):
to see what happens. They're talking. As you said, we'll
wait and see, uh in the next couple of days.
Most of it's going to be like you mentioned earlier. Feelings.
You know, if our representative comes out and says talks
are going very well, then the stock market will probably
take a leap. And if a g comes out or
his spokesperson comes out and says, boy, I don't know.
(04:29):
I don't think this is going any place. The queue
right down for the toilet rad.
Speaker 1 (04:34):
I'm gonna make it. I'm gonna make a prediction. Okay,
I think it's gonna it's gonna go. Well, they're gonna
work something out because these are the two biggest economies.
They have to work something out.
Speaker 2 (04:44):
Yeah, they really do. But Chinese markets looked pretty good yesterday,
didn't they. Asia and Europe actually looked pretty good yesterday.
Speaker 1 (04:52):
Yeah, it wasn't on the screen, didn't come up. That'd
be nice. I just asked it forrad. I had it.
I had it at Hilaro and then I clicked on
the wrong button and barrem off. All right, so yes,
it was up a little bit. I don't I didn't
see I didn't see the index at the end of
the day, and I can't pull it up right now.
So okay, that's all right.
Speaker 2 (05:11):
Well I know that I know that their prices fell
from a year earlier, So that's pretty good, at least
for the Chinese consumers.
Speaker 1 (05:19):
All right.
Speaker 2 (05:21):
Exports slowed a little bit, but that's you know, because
of the tariffs.
Speaker 1 (05:25):
Hong Kong exactly.
Speaker 2 (05:26):
You know, Hong Kong rallied a little bit over one percent,
zero point four percent, and Shanghai, so you know they're
doing okay. It's not like they're hurting as much as
everybody thought they would.
Speaker 1 (05:40):
And that was last night. Now now they're currently setting
down just the hair. But it's only down a half
percent on Shanghai, okay right now, So it did climb.
You know, again they're witting on our talks as well.
The NIEK is up one hundred and twenty three points right,
one point three two percent. So European market a little
bit negative, but you know, it's all a wait and
see what trade deals are still going to get worked out,
(06:03):
but we'll go. But we had some companies Qualcom rally
four point one after saying you agreed to buy Alpha Wave.
But I like seeing these companies get together. Just everybody's
making deals. IONQ meanwhile rose two point seven percent after
they said the agreed to purchase Oxford. Some of these
come they've never heard of rank I said Oxford Ionics
(06:27):
for nearly one point eight billion, one or eight billion.
I mean a lot of mergers going together. That's good
step going on Wall street. Let me see one the brothers.
This was interesting and but did you see what they're doing.
They're splitting off. They're taking the television department like CNN,
(06:48):
TNT Sports and separating it. I'll tell you, you know,
the regular television networks and things are everything's changing for
people getting their news other places.
Speaker 2 (07:00):
And the other thing that's going to happen with these
mergers and acquisitions. People are going to lose their jobs
because there's going to be one guy that knows how
to do the job of all the other guys and
all the other divisions. Somebody is going to be out
on the street by the end of the by the
end of the month. That's just a given. I've seen
it happen one hundred times in radio, so I know
(07:22):
it's gonna I know it's going to.
Speaker 1 (07:23):
Happen here too. They just need to listen to them
in the morning. Yeah, exactly, they get their right here, exactly.
Speaker 2 (07:32):
All right, Tomorrow is a we trow Wednesday. You've got
a lot to do today. Make sure that things go
well so that tomorrow we have good news again. Also,
we'll check in with Tim tomorrow at six thirty five.
If you need to reach them, before then four one,
nine eight two, four thirty three hundred Tim w Weetrow
Advisors dot com also on Facebook sign up for their
(07:53):
weekly newsletter. Advisory services are offered through Capital Investment Advisory
Services LLC. Securities are offered through Capital Investment Group, a
member of FENRA SPC
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