Zaid Admani

The S&P 500 and Nasdaq futures are down more than 1% in pre-market trading at the time of this recording.

Volatility is also picking up.

The VIX spiked to its highest level since November.

Meanwhile, gold and silver are also ripping higher, both hitting fresh record highs as investors look for safe haven assets.

So we'll see what happens this week.

World leaders are headed to Davos, Switzerland for the World Economic Forum, including President Trump.

So I'm sure they're gonna be talking about this.

Maybe they can come to an agreement and deescalate the whole situation.

But we'll see.

Now, as all of this is happening, we're also in the middle of earnings season.

Netflix and United Airlines report later today.

And then later this week, we're gonna be hearing from Intel.

And then next week is gonna be a big one.

We're gonna be hearing from Tesla, Microsoft, Meta, and Apple.

So if corporate earnings come in strong, it could shift the focus back to fundamentals instead of geopolitics.

So yeah, we'll have a lot to cover over the next few weeks.

So if you're new here, it's a great time to get subscribed to the podcast and tune in every day to stay in the loop.

Let's run through some headlines, starting with Tesla.

Tesla is shaping up to be an early winner from a surprising new EV truce between China and Canada.

Canada's Prime Minister Mark Carney announced the country is scrapping its 100% tariff on Chinese-made EVs and reopening the door to imports.