Apr 09, 2025

I recently came across a prediction from strategist Yves Lamoureux, who believes the Dow Jones Industrial Average could reach 50,000 by 2027, with a gradual rise and potential challenges from rising Treasury rates. He also sees oil prices potentially hitting $200 per barrel in the future, making oil producers attractive investments. Lamoureux advises investors to raise cash and scale in and out of markets to avoid losses, cautioning against staying fully invested at all times and highlighting overvaluation in tech stocks.

Another interesting development is the formation of a $1 billion venture capital fund by Utah Jazz owner Ryan Smith and Accel partner Ryan Sweeney, focusing on growth-stage tech companies in the “experience economy.” This collaboration aims to capitalize on the intersection of technology, business, and sports, with a focus on tech growth opportunities.

Additionally, I learned about the introduction of Pro Rata Premium by Axios, offering quick analysis of top deals in VC, PE, and M&A activities for subscribers. There are concerns about the basis trade in the financial market and potential deleveraging, particularly in the bond market. Social media’s impact on stock market movements was highlighted, with false information causing a significant swing in market value. The complexities of valuing companies with significant cryptocurrency holdings like Strategy were also discussed.

Furthermore, news revealed that Strategy will report a $5.9 billion loss in the first quarter due to an accounting change valuing Bitcoin at market prices. Shopify Inc. announced a strategy to integrate AI into workflows and halt new hires unless AI incapability is proven. Activist shareholder podcasts, including Elliott Management’s Streamline 66 Podcast, have become a trend for investor engagement. Other news included hackers spying on US bank regulators’ emails, billionaires seeking to take companies private amidst market volatility, and Elon Musk’s headline-making comments and actions during a trade spat and gaming livestream.

Stay Well!