Happy Sunday,

Angelo here - the stock market lately been wild rollercoaster of emotions. Up down up down, tariff this tariff that….

Let’s break everything down. Today’s edition:

- Why the market acted like a penny stock
- How to get rich with leverage
- Best current AI tools to get ahead

Read time: 3 min 40 seconds

📉 Market Recap

Last week was one of the worst the market’s seen since the COVID crash in 2020.

• S&P 500 dropped 10.5% (April 4–5)

• Nasdaq Composite fell 10%, officially entering a bear market

• Big tech lost over $1.5 trillion in market cap

• The S&P 500 shed nearly $5 trillion in value

It all started with Trump’s unexpected tariff announcement on April 2:

• 10% tariff on all imports (targeting ~90 countries)

• 25% on cars, steel, and aluminum

• 145% on Chinese goods (combining new 125% reciprocal tariffs with existing 20% duties)

The stock market hates uncertainties, and boy this made everyone uncertain. Stocks fell 5% a day for two straight days — the worst two-day drop since March 2020.

By Monday, futures pointed to a third 5% plunge, which would’ve been insane but the market briefly recovered.

China responded hard:

• Imposed 125% tariffs on all U.S. imports (effective April 12)

• Declared they won’t escalate beyond that — even if the U.S. does

• State media called U.S. actions a “farce” and promised a “firm response”
  
  Then came this week.

Trump announced a 90-day delay on tariffs for most countries — China not included.

The markets loved that news.

• S&P 500 rose 8.3% (April 8–11)

• Nasdaq surged 11.4%, its best week in over a year

Also worthy to note, he told everyone on his Trust social account that “it’s a great time to buy” before he did so….. Illegal? You tell me.

Even though we are up(ish), I am not convinced we are out of the woods yet. Nothing’s resolved yet. Tariffs, inflation, and global tensions are all still on the table.

And China does not seem to be backing down…..

💰 Wealth Tip of the Week

If you want to be rich….

I’m talking really rich. Debts paid off, retiring early, kids in college, making money in your sleep type of rich.

You need leverage.

Leverage is going from cutting a tree with an ax, to using a chain saw.

It’s going from using a sling shot to a cannon.

Leverage is a force multiplier — it helps you do more with less. It increases your results without needing more effort.

This applies to money too.

Investing is financial leverage.

Investing is making your dollars work hard for you.

Even while you sleep, while you’re sick, while you’re on vacation….

Your money is growing and multiplying without you putting in any extra hour in at work.

The beautiful thing about this, is that over the long term, your money begins to compound.

For example let’s say you invest $100/month earning 8% interest a year

In 40 years, you would have invested a total of $48,000.

But since you invested that money and gained leverage….

Your $48,000 would’ve grown into $349,000+

That’s $300K in just investment returns.

That’s the beauty of compound interest.

The leverage.

🧵 Thread/Cheat code of the Week

This thread was too good it had to take up both thread/cheat code of the week.

Lately I’ve been going down rabbit holes about AI. I’ve just now started to really utilize ChatGPT.

I’ve created whole businesses consultant bots and scriptwriters just using ChatGPT.

But that is only the tip of the ice berg.

Seems like everyday new there are AI start ups that completely change the game.

I strongly believe that there will be an AI revolution in the future where it completely takes over jobs and industries.

However I don’t think you will be replaced by AI, rather by people using AI.

My favorites websites so far: Perplexity, Dexa (not on this but should be), ChatGPT, Lovable, Claude, and Gemini.

If you haven’t yet, please start learning and utilizing AI. This is the future and the more you ignore it, the further you will be left behind.

See y’all next week 🫡

- Angelo Castillo

PS. I want to make newsletter the best newsletter possible. If you have any suggestions, constructive criticism please let me know! Fill out this form here.