In overnight futures trading, stocks dropped considerably but NOT disastrously, after the United States announced Reciprocal Tariffs on countries around the world. Expect a volatile day in Stock Markets as the effect of the new Tariffs becomes clear.
Some people might “panic” over this while others will rightly hold-the-line and see how this all shakes out. This is NOT a time for emotional reactions in stock and bond trading. This is a time for focused attention to details, and well-thought-out RESPONSES as opposed to REACTIONS.
The United States HAD TO do this. For decades, we have been exploited by countries all over the world which traded freely INTO our country, while deliberately EXCLUDING our products from THEIR country. That…