If the trade wars and tariffs don’t drive us into recession (fingers crossed), then there is a bright side to consider – the fear of Trump’s next tweet or China’s next response is what’s keeping us from seeing an overenthusiastic investor class driving asset prices up at an unsustainable pace.
The stock market is more constructive for long term investors when there is something to be worried about than it is at moments where all potential problems appear to have been vanquished.
I spoke about this with Dom Chu on Friday…
At my shop, we ignore forecasts about trade disputes and, instead, we focus on building durable portfolios that are meant to withstand all possibilities. Talk to a certified financial planner today about our strategy.