Francesca Fontana

speaker
2,691 appearances 52 recordings 1 series first heard Aug 2017 last heard Feb 2025

Francesca Fontana’s voice in public audio — every appearance, attributed to the second.

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What a way to end January.
So this week was wild.
We had to juggle looming tariff threats, earnings season, an update from the Fed, and a huge panic around AI.
You know, I'm sure I'm not alone in feeling like a month has passed since Monday.
So where do we start?
Maybe let's start with the good.
Earnings season kept going strong this week, with data showing that nearly three quarters of S&P 500 companies that have reported have beaten Wall Street's forecasts.
The less good, we are back to wait and see when it comes to the Fed, which hit the pause button on interest rate cuts this week, which weighed on the stock market Wednesday.
And of course, there was that giant sell off in artificial intelligence stocks and beyond, something called deep seek.
Don't worry, we will come back to that.
So overall, how'd stocks do?
Looking at the major indexes, which did manage to pair some losses after Monday, the S&P 500 and Nasdaq each booked losses for the week, while the Dow had a modest weekly gain.
And for the year so far, the Dow was up 4.7%, the S&P 500 has gained 2.7%, and the Nasdaq has risen 1.6%.
I think it's been a while since we last talked about DJT.
That's the ticker for Trump Media, the president's company that's behind his Truth Social platform.
But we're talking DJT today because Trump's social media company is getting into finance.
On Wednesday, Trump media announced its plans to launch a new finance venture called TruthFi, starting by investing $250 million into crypto and other investments.
And those funds will be kept by Charles Schwab.
Now, we've seen that the stock Trump media has been volatile.
And back around the election, we all got used to checking in on the so-called Trump trade.
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