Simon examines the historically sharp drop in various sentiment readings, including valuation multiples, and whether it portends a similar collapse in the "hard data." He shares how the markets are sifting through the current noise to focus on tariffs as they can directly impact corporate profit margins. Simon also places the current stock market drawdown in historical context. He then introduces NVO and RTX as new purchases and comments on some of the possible tailwinds behind UBER.
WIG Stocks: NVO, RTX, UBER
Non-WIG Stocks: N/A
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