Trump Tariffs: 2 Brilliant Stocks to Buy Now and Hold Forever
President Donald Trump started his second term two months ago, but his trade policy has already shaken the stock market. His administration has either imposed or plans to impose tariffs on imported goods from several countries, including China, Canada, and Mexico.Investors are worried about the potential consequences of a trade war. Recession fears have resurfaced and dragged the stock market sharply lower in recent weeks. The broad-based S&P 500 (SNPINDEX: ^GSPC) has declined 9% from its high, and the technology-focused Nasdaq Composite (NASDAQINDEX: ^IXIC) has tumbled 13%.It is impossible to predict how far or how long the stock market will fall. But investors can take solace in this indisputable fact: The S&P 500 and Nasdaq Composite have eventually recovered from every decline, and there is no reason to think this one will end differently. In that sense, the current drawdown is an opportunity for patient investors.Continue reading
President Donald Trump started his second term two months ago, but his trade policy has already shaken the stock market. His administration has either imposed or plans to impose tariffs on imported goods from several countries, including China, Canada, and Mexico.
Investors are worried about the potential consequences of a trade war. Recession fears have resurfaced and dragged the stock market sharply lower in recent weeks. The broad-based S&P 500 (SNPINDEX: ^GSPC) has declined 9% from its high, and the technology-focused Nasdaq Composite (NASDAQINDEX: ^IXIC) has tumbled 13%.
It is impossible to predict how far or how long the stock market will fall. But investors can take solace in this indisputable fact: The S&P 500 and Nasdaq Composite have eventually recovered from every decline, and there is no reason to think this one will end differently. In that sense, the current drawdown is an opportunity for patient investors.
