As President Donald Trump enters his next 100 days, “Fast Money” traders have shared their insights on which market areas hold the most promise and which face the most challenges. During Trump’s first 100 days, the S&P 500 fell over 7%, and the tech-heavy Nasdaq Composite dropped 11%. Consumer staples gained 5%, while consumer discretionary lost 13%.
Karen Finerman sees big cap pharma as having the most promise due to being oversold and largely unaffected by tariffs. However, container space faces problems if tariff disputes persist.
Tim Seymour highlights semiconductors and international investing as areas with potential. He predicts supply and demand dynamics will improve in the second half of the year. Germany’s DAX index has outperformed the S&P 500 since late November, driven by relative valuation attractiveness. Conversely, companies exposed to consumer credit and discretionary spending may struggle due to economic pressures.
Dan Nathan believes cash will be king, with defensive groups like utilities and consumer staples eventually slumping amid a potential tariff-induced recession. He warns of a protracted trade war affecting industries like planes, trains, and automobiles.
Guy Adami finds retail in an uncertain position, with both promise and problems. He anticipates an unemployment rate surprise and cautions that an economy reliant on employment could face challenges.
— new from CNBC