Wessel Vleut @WesselV: "The Beijing Summit Trump, Xi, and..."

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The Beijing Summit Trump, Xi, and the 1 Trillion Dollar Flight This week, the world watched closely as Donald Trump wrapped up his state visit with Xi Jinping in Beijing. Trump described the meetings as unforgettable and world-renowned, while Chinese state media called it a historic landmark. While official policy papers are still being finalized, the signals for the stock market are already very clear. Before the meetings even started, the economic power on display was staggering. Trump did not travel alone; he brought a delegation of top American business leaders with him. It is estimated that the combined market value of the companies led by the executives on Air Force One exceeded 1 trillion dollars. This highlights how much the administration treats these diplomatic trips as major economic missions. Geopolitics: Oil, Iran, and Trade The discussions covered several high-stakes areas that impact global markets. Trump reported that President Xi committed to withholding military equipment from Iran and expressed a strong desire to keep the Strait of Hormuz open for trade. Additionally, China has reportedly agreed to purchase more US oil. On the trade front, the US expects China to buy double-digit billions of dollars worth of American farm products, with soybeans remaining the main focus. While China’s official response was more cautious, the agreement to maintain stable economic relations is a relief for the market. The Market as the Scorecard It is no secret that Trump views the stock market as the ultimate measure of his success. He tracks the major indices closely and often views a rising market as a grade for his presidency. This focus suggests the administration will continue to prioritize policies that support corporate earnings and investor sentiment. Following the Money New financial disclosures show exactly where capital is being allocated recently. The top of the list shows a very strong focus on high-performing technology and broad market index funds. Here are the top 10 holdings from the recent filings: $VOO (Vanguard S&P 500 ETF) $IWB (iShares Russell 1000 ETF) $NOW (ServiceNow Inc) $NVDA (NVIDIA Corporation) $RSP (Invesco S&P 500 Equal Weight ETF ) $ADBE (Adobe Systems Inc) $WDAY (Workday Inc A) $ORCL (Oracle Corporation) $MSFT (Microsoft) $AVGO (Broadcom Inc) The Beijing meeting proves that both superpowers are staying focused on economic stability. Between the energy agreements and the massive targets for agricultural sales, the framework for a continued trade truce is in place. For investors, keeping an eye on these core tech and index holdings provides a look at what the administration is watching. Disclaimer: This post is for informational purposes and does not constitute financial advice. Always perform your own research.

Not investment advice. The author may have financial interests in the mentioned instruments.