Markets tanked, small caps got crushed, and investors were left scrambling. What triggered the chaos?
“Liberation Day,” a bold and controversial move by the Trump administration that slapped a blanket 10% tariff on all imports—plus targeted penalties for countries deemed unfair trade partners. The result? A sharp 34% market drop by Friday morning and a wave of uncertainty for global investors. Our host Joey Loss, along with business partner Adam Van Wie, break it down.
While the policy aims to correct imbalanced trade relationships, critics argue it’s built on a flawed premise. Trade deficits, they point out, aren’t inherently negative. What matters more is reciprocity—when U.S. goods face stiff barriers abroad but foreign products enter American markets freely, the playing field is skewed.
But amid the panic, the message to investors is clear: don’t react emotionally. History has shown time and again that attempting to time the market during moments like this only worsens losses. Sharp declines often pave the way for strong rebounds, and those who stay invested typically come out ahead.
Recession chatter is growing—JPMorgan just raised its odds to 60%—but there are bright spots. Job numbers remain solid, inflation appears to be cooling, and there’s still hope that tariffs are being used as leverage rather than long-term policy. If that’s the case, we could be staring at a rare buying opportunity.
Bottom line: hold steady. Diversify. Think long-term. The worst financial decisions are made in panic—and the best are made when others are panicking.
Key Topics:
- What is Liberation Day? (00:00)
- Our Thoughts on Reciprocal Tariffs (06:54)
- What Investors Can Do (08:09)
- Current Job Numbers (15:26)
- A Balanced Portfolio is Your Best Friend (22:19)
- The Story We’re Not Being Told Being the Tariff Regime (25:00)
- Is This An Excellent Buying Opportunity? (30:08)
Resources:
This podcast is brought to you by Joey Loss, CFP®, Adam Van Wie, CFP®, and Strivus Wealth Partners. Through Strivus, Joey and Adam provide financial planning and investment management services to clients across the country from their home base in Jacksonville Beach, Florida.
You can find show notes and transcript of the conversations here: Strivus Wealth - Wealth Unplugged.
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Read our audio, video, and written content disclaimer here.
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