Falcon’s View – Week ending 16 january 2026
Falcon’s View – Week ending 16 january 2026
Performance
• S&P 500: –0,38 %
• Nasdaq 100: –0,92 %
• My portfolio: +0,69 % (USD) / +0,86 % (SEK)
Market pulse
U.S. equities finished the week slightly lower from the Jan. 9 close to the Jan. 16 close after a volatile, headline-driven stretch that included record highs early in the week but persistent crosscurrents into Friday. The dominant macro theme was Washington-driven uncertainty around the Federal Reserve, as the DOJ/Powell investigation and shifting speculation over the next Fed chair repeatedly influenced rates and risk appetite. At the same time, Trump’s proposed one-year 10% credit-card rate cap pressured banks and payment stocks, making financials a notable drag even as the first wave of Q4 earnings came in broadly solid. Macro data added to the push-pull: December CPI met expectations, while labor indicators such as lower jobless claims reinforced a “Fed on hold for longer” risk. Offsetting those headwinds, TSMC’s strong results and outlook reignited the AI/semiconductor trade, and the market continued to broaden with small caps and defensives outperforming, helping keep the week’s index declines contained
Crowd vs. price
The market’s slight dip produced no change in relative investor interest in most of the names on my list.
Holdings & Watchlist Notes