What I'm getting from this piece is the following:
- sell/short European manufacturers and consumer brands
- hold dollar-denominated assets
- sell/short certain U.S. exporters, "negatively exposed to import tariffs"
Wall Street has been working since before November’s presidential election on how it should position for tariffs. Investment banks have built baskets of stocks with the highest sensitivity to Trump’s plans — mostly exporters such as carmakers and consumer goods companies — which allow their clients to bet on the impact of a trade war across a range of stocks.
Then again, who knows anything at this point. Mr. Trump may tweet or release statements relevant to certain companies' industries, and then withdraw them on the achievement of some policy gain. So:
In response to the “confusing” situation, Drew Pettit, analyst at Citi, said it is better to hold a bit of “everything”: growth, cyclical and defensive stocks. “It is impossible to avoid risk [assets] now, so you just need to manage it.” [...] Short-term activity in the options market, meanwhile, has been frenzied, as traders try to hedge against or profit from the rapid market reversals, or second guess Trump’s next move.
Also, Europe is (as always? As often recently?) on sale:
Is there any other investment advice than "buy bitcoin"? Yup, there is:
Gold, not bitcoin
...lol, good luck with that:
Risk-on or risk-off? Some investors are turning to other assets as they search for havens. Gold this week hit a fresh record high of $2,882 per troy ounce. “In the commodity world, the only trade you can really go to right now is gold,” said Panmure Liberum analyst Tom Price. But bitcoin, billed by some as “digital gold”, has offered less protection and is down this week, despite investors’ early expectations that Trump would prove supportive to the sector.
non-paywalled here
https://archive.md/LCkhp