October 13, 2025 • 6 mins
Stocks fell on Friday as a threat on new China tariffs sent a shock wave through Wall Street. Tim takes a look at the effect and the YTD numbers which tell the full story.
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
How are you, mister wedrow Bred.
Speaker 2 (00:04):
It's Monday. We're getting back after it, and yes, I'm fantastic.
I'm a look tired though. I've been cleaning up consetti
from the weeks about of these good games going on.
And then we gave a bunch back. We got slat
on Friday.
Speaker 3 (00:15):
Yeah, we sure did, and a lot of them was
because there are well it's not done yet, but there's
a threat pop of even more tariffs on China, and
that sent a shiver through the stock market. So give
us the numbers and uh and tell us what happened.
Speaker 2 (00:33):
Yeah, China's talking about restricting the rare earth minerals or
materials that we need for consumer electronics and jettings and
things like that. So if they're gonna restrict them, we're
gonna hit them with a big old tariff. And there
went to market right down. So the DALL was down
eight hundred and seventy eight points, which is one point
nine percent, pushing two percent down. That's five off one
(00:55):
hundred and eighty two points, which is two point seven
one percent in the negative. And the NAZAC up eight
hundred and twenty wow, which is three point five six
percent that's all in the day. But right now the
futures are pushing back up, not getting all that back
in the beginning. But I think we're going to take
off to the green in the beginning. But again it
(01:16):
still matters what's being said. You know, is China going
to change? You know, are we going to change? But
for the year to dates, we're all in the green
now on that day. Yet on Friday, all eleven sectors
of the S and P five hundred were negative except
for one, which is was up point twenty five percent
(01:38):
of quarter percent. And if you look at that, that
is companies that we use no matter what we have
ups it was up three point seven percent. Autos are
going to go fix my cards to take it an NF.
The economy is not good two point seven two percent. Good,
O'Reilly up two point four to four percent. You could
see the theme here. Campbell's up one point sixty seven
(02:01):
and I'm going to back it up with General Mills
up one and a half percent. A lout of five
stocks were negative in the market, but again there were
some things moving in the right direction.
Speaker 3 (02:11):
All right, excellent, So that's not I mean, it's not
nearly as bad as the headline will make it seem
and like you said, yeah, the futures are up right
now a little bit looks like we're gaining something back.
Speaker 1 (02:22):
We won't really know until after four o'clock.
Speaker 3 (02:25):
There's good news coming out of the Mid East. The
hostages are being turned. The president are speaking to the kanesset.
That's helping oil prices. Right, I hear the price of
crude dropped again if if I heard correctly.
Speaker 2 (02:38):
Well, crew was dropping because they think, okay, if if
we're not dealing with China as much, and that they're going, well,
stuff's like going the ship as much or I use
as much oil, okay, and yes, then we reap the benefits.
Bear oil is currently sitting at sixty cent ohio, I
guess place two point seven seven. Now, look at diesel
(02:59):
down to three six five three hours sixty five cents.
Speaker 1 (03:02):
All right, excellent, ching down.
Speaker 2 (03:04):
But it's all for a reason that I don't think
it's going to stand.
Speaker 1 (03:08):
You know.
Speaker 2 (03:08):
I think we're gonna end up working something out with China.
Speaker 3 (03:10):
But we'll see, Yeah, we'll find we'll find out soon enough.
The other thing that we have been getting the government reports,
but there was a report from the University of Michigan
that came out, I think it was Friday afternoon about
consumer's expectation for inflation, right, and that didn't look too
bad either.
Speaker 2 (03:27):
Well, it still says they remained in the doldrums, right, doldrums?
Speaker 1 (03:31):
Is that what we're calling it? The dol drums?
Speaker 2 (03:35):
Well, it's just like when I read an article it
says that businesses are destroying jobs, It's like, why do
you put it like that? Yeah, it's they wrap around
it differently. I think what they do is they're tried
to catch your attention. That sentiment was Actually they sugarcoated.
You're right they were. It was fifty five point one.
They were specting fifty three point five on that number.
(03:57):
It came at fifty five. Okay, it was better than
what they expected, but it's still in the adultroums. Let's
let's be in an ugly picture on it.
Speaker 3 (04:06):
Fred, All right, what's going on in the bond market
and what and what does overseas look like after all
of our trouble on Friday?
Speaker 2 (04:15):
Well, the bond market though ten years sitting at four
point zero five percent, its inch down, the two years
sitting at three five to two percent, and if we're
looking at the overseas market. The Europe we have the
CAC to France we have thirty seven points. Jeremy's dacks
of one hundred and twenty six. The UK, let's see
(04:36):
is up as six point ninety seven points. And if
we look at the Asian market, the Shanghai is minus
seven points, Hong Kong our four hundred, which is one
point five to two to the negative percent. Japan's nee
k are four hundred and ninety one points, which is
right around one percent.
Speaker 1 (04:53):
All right, And is.
Speaker 3 (04:54):
There anything today that we should watch for? I mean,
I know we're not going to get any government before
because the government is still closed up.
Speaker 2 (05:00):
Now, we have earning season coming in. It's started that
they say tomorrow is when the big banks come out, Okay,
and that's really the start of earning season. JP, Morton
come out tomorrow, Jay and J coming out tomorrow, Wells, Fargo, Goldman, Sachs, Blackrock,
So a lot of big earnings tomorrow.
Speaker 1 (05:16):
All right. Is the market closed today for Columbus.
Speaker 2 (05:19):
Day bred, No, it's not all right. All other stuff
can be closed, but.
Speaker 3 (05:25):
The market is open, all right, Yeah, because there's a
lot of stuff closed, and I just wasn't sure, all right,
Thanks Tim, and we'll talk with Tim again tomorrow now
if you need to reach out to him before then
four one nine eight two four thirty three one hundred,
Tim w atwetroadvisors dot com, also on LinkedIn and on Facebook.
(05:46):
Advisory services offered through Capital Investment Advisory Services l LC
securities are offered through Capital Investment Group, a member of
Finra si PC
How are you, mister wedrow Bred.
Speaker 2 (00:04):
It's Monday. We're getting back after it, and yes, I'm fantastic.
I'm a look tired though. I've been cleaning up consetti
from the weeks about of these good games going on.
And then we gave a bunch back. We got slat
on Friday.
Speaker 3 (00:15):
Yeah, we sure did, and a lot of them was
because there are well it's not done yet, but there's
a threat pop of even more tariffs on China, and
that sent a shiver through the stock market. So give
us the numbers and uh and tell us what happened.
Speaker 2 (00:33):
Yeah, China's talking about restricting the rare earth minerals or
materials that we need for consumer electronics and jettings and
things like that. So if they're gonna restrict them, we're
gonna hit them with a big old tariff. And there
went to market right down. So the DALL was down
eight hundred and seventy eight points, which is one point
nine percent, pushing two percent down. That's five off one
(00:55):
hundred and eighty two points, which is two point seven
one percent in the negative. And the NAZAC up eight
hundred and twenty wow, which is three point five six
percent that's all in the day. But right now the
futures are pushing back up, not getting all that back
in the beginning. But I think we're going to take
off to the green in the beginning. But again it
(01:16):
still matters what's being said. You know, is China going
to change? You know, are we going to change? But
for the year to dates, we're all in the green
now on that day. Yet on Friday, all eleven sectors
of the S and P five hundred were negative except
for one, which is was up point twenty five percent
(01:38):
of quarter percent. And if you look at that, that
is companies that we use no matter what we have
ups it was up three point seven percent. Autos are
going to go fix my cards to take it an NF.
The economy is not good two point seven two percent. Good,
O'Reilly up two point four to four percent. You could
see the theme here. Campbell's up one point sixty seven
(02:01):
and I'm going to back it up with General Mills
up one and a half percent. A lout of five
stocks were negative in the market, but again there were
some things moving in the right direction.
Speaker 3 (02:11):
All right, excellent, So that's not I mean, it's not
nearly as bad as the headline will make it seem
and like you said, yeah, the futures are up right
now a little bit looks like we're gaining something back.
Speaker 1 (02:22):
We won't really know until after four o'clock.
Speaker 3 (02:25):
There's good news coming out of the Mid East. The
hostages are being turned. The president are speaking to the kanesset.
That's helping oil prices. Right, I hear the price of
crude dropped again if if I heard correctly.
Speaker 2 (02:38):
Well, crew was dropping because they think, okay, if if
we're not dealing with China as much, and that they're going, well,
stuff's like going the ship as much or I use
as much oil, okay, and yes, then we reap the benefits.
Bear oil is currently sitting at sixty cent ohio, I
guess place two point seven seven. Now, look at diesel
(02:59):
down to three six five three hours sixty five cents.
Speaker 1 (03:02):
All right, excellent, ching down.
Speaker 2 (03:04):
But it's all for a reason that I don't think
it's going to stand.
Speaker 1 (03:08):
You know.
Speaker 2 (03:08):
I think we're gonna end up working something out with China.
Speaker 3 (03:10):
But we'll see, Yeah, we'll find we'll find out soon enough.
The other thing that we have been getting the government reports,
but there was a report from the University of Michigan
that came out, I think it was Friday afternoon about
consumer's expectation for inflation, right, and that didn't look too
bad either.
Speaker 2 (03:27):
Well, it still says they remained in the doldrums, right, doldrums?
Speaker 1 (03:31):
Is that what we're calling it? The dol drums?
Speaker 2 (03:35):
Well, it's just like when I read an article it
says that businesses are destroying jobs, It's like, why do
you put it like that? Yeah, it's they wrap around
it differently. I think what they do is they're tried
to catch your attention. That sentiment was Actually they sugarcoated.
You're right they were. It was fifty five point one.
They were specting fifty three point five on that number.
(03:57):
It came at fifty five. Okay, it was better than
what they expected, but it's still in the adultroums. Let's
let's be in an ugly picture on it.
Speaker 3 (04:06):
Fred, All right, what's going on in the bond market
and what and what does overseas look like after all
of our trouble on Friday?
Speaker 2 (04:15):
Well, the bond market though ten years sitting at four
point zero five percent, its inch down, the two years
sitting at three five to two percent, and if we're
looking at the overseas market. The Europe we have the
CAC to France we have thirty seven points. Jeremy's dacks
of one hundred and twenty six. The UK, let's see
(04:36):
is up as six point ninety seven points. And if
we look at the Asian market, the Shanghai is minus
seven points, Hong Kong our four hundred, which is one
point five to two to the negative percent. Japan's nee
k are four hundred and ninety one points, which is
right around one percent.
Speaker 1 (04:53):
All right, And is.
Speaker 3 (04:54):
There anything today that we should watch for? I mean,
I know we're not going to get any government before
because the government is still closed up.
Speaker 2 (05:00):
Now, we have earning season coming in. It's started that
they say tomorrow is when the big banks come out, Okay,
and that's really the start of earning season. JP, Morton
come out tomorrow, Jay and J coming out tomorrow, Wells, Fargo, Goldman, Sachs, Blackrock,
So a lot of big earnings tomorrow.
Speaker 1 (05:16):
All right. Is the market closed today for Columbus.
Speaker 2 (05:19):
Day bred, No, it's not all right. All other stuff
can be closed, but.
Speaker 3 (05:25):
The market is open, all right, Yeah, because there's a
lot of stuff closed, and I just wasn't sure, all right,
Thanks Tim, and we'll talk with Tim again tomorrow now
if you need to reach out to him before then
four one nine eight two four thirty three one hundred,
Tim w atwetroadvisors dot com, also on LinkedIn and on Facebook.
(05:46):
Advisory services offered through Capital Investment Advisory Services l LC
securities are offered through Capital Investment Group, a member of
Finra si PC
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