As Your Survival Guy pointed out here, President Trump didn’t write The Art of the Tariff, but based on yesterday’s gigantic market rebound, he might consider it. Because while investors who got fat off big gains, leverage, and individual sector weighting may win in the short term, it is the patient investor, the balanced investor, who can typically live to fight another day.
This is not, by any means, to say we’re out of the tariff woods. If markets dislike one thing the most over any other thing, it is uncertainty, and that’s Trump’s playing card. To Your Survival Guy, this whole tariff battle and doubling down against China is more about national security than anything. Even the Biden administration wanted to do this, so where was the hysteria then? Maybe because Trump actually did something about it.
Ever since the elite made us globalists, our ability to manufacture our own defense—our manufacturing base—has diminished, and it’s become a national security issue. In a real war, when you can’t build for your own national defense, that’s a problem. Stay tuned.
Action Line: Don’t get too comfortable. Market volatility isn’t over until it’s really over. When you want to talk about your plan for balance and risk in your portfolio, email me at ejsmith@yoursurvivalguy.com. In the meantime, click here to subscribe to my free monthly Survive & Thrive letter. My most recent letter talks about bonds, when to buy and sell, and gold miners.
