A reader asked me the other day: "Willie, when should I buy?" In this ongoing tariff war, and big market drop how can we continue to accumulate stocks?
I first wrote this post in my email newsletter here.
I don’t buy into Trump’s BS on tariffs.
Trump is waging a trade war with just about everyone else across the world. The European Union, China and even Canada have said they want to fight the new tariffs. Then there are others like Mexico who don’t want that trade war.
To me, Trump is playing a game of chicken – just waiting to see who blinks first. Yet the market is taking him seriously. I don’t buy this.
Like I’ve said in my previous email, Trump’s tariffs are very haphazard – and confusing.
Sure, stocks have fallen over the past week – tech, healthcare, retail, food sectors have been crushed. Bond yields have fallen, bond prices gone up. And investors are seeking “flight to safety” in bonds....