Trump fought the war, and the markets won
It’s a good sign that Wall Street was able to finish on a positive note, with all four most-watched indexes (i.e. the Dow, S&P 500, Nasdaq and Russell 2000) all ending up over 1%
Peter Switzer is the founder of Switzer Group - a content, publishing and financial services firm. Peter is an award-winning broadcaster, talking each morning to 2GB's Ben Fordham about the latest in finance and money. You can read his views daily on Switzer.com.au, and subscribe to Switzer Report for his latest insights, analysis and recommendations.
It’s a good sign that Wall Street was able to finish on a positive note, with all four most-watched indexes (i.e. the Dow, S&P 500, Nasdaq and Russell 2000) all ending up over 1%
These are crazy times for stocks, and I’ve never had to deal with anything like this before. But keep calm because my view is that Trump doesn’t want to be responsible for a global recession that we didn’t have to have.
We’re in the throes of one of the greatest policy mistakes in modern economic history.
Like many market players, I’m hoping April 2 will bring some clarity about these Trump tariffs. Collecting a few tech companies could pay dividends by the end of this year, assuming the tariff threat becomes less uncertain. Here’s what the analysts think about our quality tech companies, and I let you know my favourite plays.
Overnight, Wall Street escalated its anxiety about next week’s Trump tariff revelations.
I want to be a buyer of companies or investment products that will participate in or even drive rising stock market indexes once we get clarity over tariffs. What would I buy? What can I do if I don’t have any cash to be a buyer now?
The only other time I might have suggested that a US President was the main market mover was when Donald Trump had his first stint as chief decision maker in the White House.
Provided they don’t get out of hand and create a real global trade war, these Trump tariffs are actually creating a buying opportunity. The next question is — what should I buy?
It’s been a good end to a week from stock market hell, and we all know who we’d cast in the role of devil!
It’s timely to look at what nervous/defensive investors and confident/growth players should be thinking as a consequence of what has been happening.
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