Tariff Fears Fade, Markets Take a Breather & RIA vs. Broker

This week on Money Wise, the team reflects on a quieter stretch for Wall Street after months of volatility. The Dow slipped 457 points (-1%), the S&P 500 dipped 0.3%, and the NASDAQ was nearly flat, down just 0.1%. Year-to-date, however, all three indexes remain positive, with the Dow up 4.3%, the S&P 500 up 6.4%, and the NASDAQ up 6.6%. While markets took the latest tariff announcements in stride, including President Trump’s July 9th letter outlining new rates for trading partners, investors remain cautiously optimistic. The “big beautiful bill” passed on July 4th also grabbed attention, with analysts now waiting to see how it will affect individuals and corporations. With little economic data or earnings news last week, markets stayed mostly headline-driven, prompting the Money Wise guys to remind listeners that sideways markets often present opportunities for thoughtful portfolio adjustments.

Tariff Fears Fade

After months of volatility tied to trade tensions, Wall Street seems to be tuning out the tariff noise. Even with President Trump’s latest announcements, the markets showed little reaction, suggesting that investors may see the worst of the tariff-driven swings as behind them. This shift in sentiment could signal a move toward more stable footing, giving portfolios room to refocus on fundamentals rather than headlines.

In the second hour, the Money Wise guys explore RIA vs. Broker. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.