Chief Investment Strategist, The Freeport Society
No, the trade war isn’t over.
But it has likely peaked.
And the market has breathed a sigh of relief as both President Trump and Chinese President Xi have stepped back from the brink.
Tariff rates remain high. They won’t be going back to pre-2025 levels any time soon. But with a patchwork of exemptions in place – and the list of goods benefitting from exemptions growing by the day – the effective tariff on imports will be nothing close to the headline rates announced on Liberation Day.
The bad news is that we’ve now created an import-export system with the soul-crushing complexity of an IRS tax return… with all the corruption and special-interest loopholes to boot.
I hate that.
But the good news is that, just as Americans have managed to thrive in spite of a productivity-sapping income tax regime, we’ll continue to thrive in an equally annoying tariff regime.
This new regime creates opportunities for us, accelerating some of the Freeport Society’s core investment themes, including the rebuilding of America’s industrial empire and technology’s exponential progress.
So I sat down with senior investment analyst, tech investor, visionary, and fellow basketball enthusiast Luke Lango to talk about some of those opportunities.
Luke was an early investor in the AI boom. He recommended Nvidia to readers back in 2019. Those who listened had the chance to participate in the stock’s 4,000% increase. And that’s just one of his multiple successful calls.
Luke has been rated as the #1 stock picker out of 15,000 experts.
He’s as bullish as ever on AI, but he’s particularly excited about what he calls “physical AI.”
And he was generous enough to offer one of his favorite recommendations in this space.
Click on the video below to find out all about it.
We’re barely scratching the surface of what physical AI will be able to do. Elon Musk has promised to produce 100 million humanoid robots per year that we can use to do everything from man a factory to babysitting your children or cooking your food.
Projected retail price? $20,000. That’s significantly less than the price of a full-time housekeeper.
Musk has been known to talk big and get ahead of himself. But when he’s talking about producing hundreds of millions of robots, we should pay attention.
It’s coming.
And fortunes will be made by those that get in front of the trend.
To life, liberty, and the pursuit of wealth.