Must Read: How Should Investors Handle the Trump Trade War?
Let's talk about what's happened, and what you can do about it... February 6, 2025 How Should Investors Handle the Trump Trade War? Dear Savio, The markets threw a hissy fit on Monday. The reason? President Trump initiated tariffs on Mexico, Canada and China. The major indices were down sharply to start the morning, but they clawed back a bit as news broke that the Mexico tariffs would be put on hold (the Canada tariffs were paused on Tuesday). Ultimately, the S&P, Dow and NASDAQ ended the day down 0.8%, 0.3% and 1.2%, respectively. But the fact is President Trump shocked everyone – myself included. Still, the market’s initial reaction to the news on Monday was overblown – yet another example of Wall Street’s tendency to “react” first and “think” late...