US President Donald Trump speaks in the Roosevelt Room of the White House in Washington, DC, on March 3, 2025.
Roberto Schmidt | Afp | Getty Images
My top 10 things to watch Monday, March 10
1. We’re headed for another sharply lower open this morning. The S&P 500‘s 200-day moving average of roughly 5,735 is in play. Consumer confidence and inflation reports are key events this week.
2. There’s no “Trump put,” but does the president want to cause a recession? Does the stock market need to go down as the White House implements its trade policy, and if so, by how much? In my Sunday column for Club subscribers, I laid out my strategy for this moment.
3. A popular rotation trade seems be sell the growth stocks and move into value names with solid dividend payouts. Watch the performance of Johnson & Johnson versus Club holding Eli Lilly to see if it continues.
