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MRKT Matrix - Friday, May 9th

Stocks muted on Friday as traders are cautious ahead of China trade talks (CNBC)

Trump Says 80% China Tariff ‘Seems Right,’ Ahead of Talks (Bloomberg)

First Chinese freight ship goods hit with Trump’s 145%-plus tariffs arriving at U.S. ports (CNBC)

Buy the trade deal expectations, but sell the fact, BofA’s Hartnett says (CNBC)

Trump Seeks Tax Hike on Wealthy Earnings $2.5 Million or More (Bloomberg)

Fed’s Barr Warns Tariffs Risk Higher Inflation, Unemployment (Bloomberg)

S&P 500 Earnings Season Update (FactSet)

IPO Market, Frozen Since Liberation Day, Shows Some Signs of Thaw (WSJ)

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MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets

Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs