Tape Talk | Investing, Business, Wealth, And Your Money

Navigating the Tariff Storm

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Synopsis

On this week's episode of Tape Talk, Quint and Daniel dissect the recent market volatility on the heels of the news of US tariff hikes. Agreement Hurdles The United States and China have had an increasingly difficult time finding agreement on trade. Recent revisions to the deal by China led to President Trump implementing a new 25% tariff on a basket of goods from the country. This prompt shift from closing in on a deal to the negotiations entering rough waters left US stocks navigating increased volatility in an attempt to discern what lies ahead. Managing Rough Waters When it comes to managing through periods of volatility, it all comes down to your risk temperament and risk tolerance. Investors must strike a balance between the amount of volatility that will allow them to sleep soundly at night with the amount that their portfolio can tolerate on the path to their goals. Both knowing and implementing these two are key to long-term success in reaching your financial goals. Sticking to a Plan The final pi