Falcon’s View – Week ending 10 October 2025
Performance
• S&P 500: −2,69%
• Nasdaq 100: −3,06%
• My portfolio: −1,51% (USD) / −1,49% (SEK)
Market pulse
The week ended with a trade shock: Beijing tightened rare‑earth export controls and the White House threatened 100% additional tariffs on Chinese imports from 1 Nov plus new tech‑export limits. That headline erased gains and produced the worst session since April (S&P −2,7%, Nasdaq −3,6%) with tech leading lower. Earlier, the Oct 8 FOMC minutes reinforced the rate‑cut path and helped carry indexes to record highs on Thursday. The government data blackout persisted, pushing September CPI to 24 Oct and forcing reliance on private trackers; jobless‑claims proxies ticked up, adding to the “Fed can keep cutting” narrative before Friday’s tariff news pulled the rug.
Crowd vs. price
For most names on my list, crowd interest was stable. Notable exceptions: AMD saw a decline in relative crowd interest; PayPal and Micron saw increases.