top of page
Search

Magnetic North Financial Review: Wreck it Ralph

  • Writer: Christopher Lakian
    Christopher Lakian
  • Mar 29
  • 2 min read

In 2012,

 

Disney produced an unimaginative and silly movie named after Donkey Kong, a video game in which the protagonist, a grotesque, whimsical character, wrecks buildings, causing havoc wherever he goes.

 

One day, he awakens and doesn't want to destroy anything any longer; he wants to fix stuff. The movie was a snore; I was forced to watch it on a JetBlue flight once when the infotainment systems were down.

 

I could have sworn it would have been less painful to bang my head into the wall than to watch the entirety of the movie.

 

In my last message, I was direct that Trump couldn't deleverage the federal government and tariff the private economy simultaneously.

 

It just creates chaos that is unwarranted and completely unnecessary.

 

Like Wreck it, Ralph.

 

Opportunities are shifting.

 

Markets have priced in the absolute worst of all scenarios: the dreaded environment of uncertainty! Investors have rotated away from manufacturing, technology, and artificial intelligence to oil and gas, materials, and everything else that is defensive and necessary to live and function as Americans.

 

Most interestingly, if we could gain certainty over the tariff policy, I could easily see parts of the market rise by 10-20% in the drop of a hat.

 

Investors are unhinged with how policy is made by our beloved country. Believe it or not, that's a good sign for an aggressive turnaround; markets love making investors look foolish by bottling up and playing timeout.

 

International opportunity:

 

Europe has had a second awakening; formerly, in 2022, the continent was rattled by Russia's invasion of Ukraine. It sparked a massive push to build self-reliance on energy.

 

2025 Europe now must deal with its long-term ally, the United States, taking a four-year time out from playing ball. (another step toward an Autarky nation)

 

Germany and the United Kingdom spend massive amounts of money to build a more self-reliant economy. This cannot be overlooked. It is an opportunity to invest and diversify ourselves from our domestic concerns.

 

StarMine software has pointed to some exciting ideas that have little to do with our economy, and this is the way to go for now. There is no sense in debating the damage being done domestically when we can focus on stable, safe investments abroad.

 

I continue to monitor the situation; if something changes, rest assured I will quickly adapt to an ever-changing environment.

 

All my best

Chris

 

 

Christopher R Lakian

Owner, Portfolio Manager, AIF

 

Magnetic North Financial LLC

1156 Bowman Road Suite 200

Mt Pleasant SC 29464

Main Number: 843-353-0313

Cell: 843-737-6060

Global Relay Secure Text: 843-428-7827

 

 

OneSeven ("OneSeven") is a registered investment adviser with the U.S. Securities and Exchange Commission (SEC). Registration with the SEC does not imply a certain level of skill or training. All titles listed for individuals associated with Magnetic North Financial represent the individual's role with Magnetic North Financial, and not their role with OneSeven. Services are provided under the name Magnetic North Financial, a DBA of OneSeven.

 

 

 
 
  • Twitter
  • YouTube
  • Facebook
  • LinkedIn

OneSeven ("OneSeven") is a registered investment adviser with the U.S. Securities and Exchange Commission (SEC). Registration with the SEC does not imply a certain level of skill or training. All titles listed for individuals associated with Magnetic North Financial represent the individual's role with Magnetic North Financial, and not their role with OneSeven. Services are provided under the name Magnetic North Financial, a DBA of OneSeven.

bottom of page