Why are Tariffs impacting the Financial Markets?

 

 

First, what’s happening. Investors don’t like uncertainty, so the potential timing and impact of new tariffs around the world has had a ripple effect on the financial markets and major stock indexes.

Why is this happening? New tariffs have the potential to impact the global economy by increasing the prices consumers have to pay for imported products. Higher prices may reduce sales and profit for the companies that make those items, and lower projected profits results in investors paying less for shares in those companies. This causes the stock market to decline.

So, what can you do? First, stay calm and avoid making decisions based on stress or other emotions. Market fluctuations are a normal part of investing, and a well-balanced, diversified portfolio can help you navigate these ups and downs. Market dips are also a great opportunity to add to your portfolio, so consider this option if you have any extra cash available.

As always, we’re following this situation closely and are here to answer any questions you might have.