Worden: "Love" PLTR & QBTS, Labor Bigger Risk to Markets Than Tariffs

Market Overview - The market experienced a significant selloff of 2-3% last week, but there was a bounce back with a 1% increase recently, indicating a recovery phase [1][2] - The market has been reaching new all-time highs, suggesting a strong upward trend despite occasional pullbacks [3] Tariff Concerns - Recent tariff volatility has been a concern, but there is a belief that this issue is largely behind the market, although it may resurface intermittently [5][6] - The unpredictability of tariff-related tweets makes it challenging to model their impact on the market [4][5] Labor Market Insights - The labor market is viewed as a significant risk to economic growth, more so than inflation, with concerns about potential job losses due to government shutdowns [5][6] - The Federal Reserve is expected to be proactive in addressing these labor market challenges, with anticipated interest rate cuts in the near future [6] Investment Strategy - Long-term investors are encouraged to remain bullish, as the fundamentals of the market are still strong, and there is a belief that the current environment is different from the tech bubble [7][8] - There is still a considerable amount of cash on the sidelines, which could support further market growth [8] Company Focus: D-Wave and Palantir - D-Wave and Palantir are highlighted as exciting investment opportunities, with a focus on their unique applications of AI and quantum computing [9][11] - Palantir is noted for its ability to integrate AI at the company level while maintaining data privacy, making it a sticky solution for clients [11][12] - D-Wave's quantum computing capabilities are seen as beneficial for various sectors, including finance and healthcare, with potential use cases in optimization and trading [13][14]