| It’s been a rough week for equities markets. Although unpleasant to watch, it’s important to remember this is common. Over the last 75 years, the average intra-year pullback for the S&P 500 has been 14%. At times like this, it’s important to:1- Not act emotional2- Understand that TIME beats TIMING the market3- Realize that markets have still done excellent the past few years despite this 2-month decline4- Do not be glued to the headlines and stock prices.. it will not help5- Remember that every decline in the market history has led to a new all-time high… Is this time different? We are here if you have any specific questions… Please reach out! Our PureVest Weekly Roundup looked at exactly what President Trump announced on Wednesday regarding tariffs. Mortgage rates dropped as interest rates fell sharply. The economy added 228,000 jobs in March, which beat expectations. We also added a good article with some context on market corrections. Enjoy the light reading, and have a great weekend. |
| Markets & Economy: Trump announces new tariffs on what he calls “Liberation Day” source:cbsnews.com Semiconductors are among imports exempted from the latest round of tariffs source:www.focustaiwan.com Mortgage rates sink on tariffs, but housing costs are still near a record high source:www.cnbc.com The U.S. added 228,000 jobs in March, far more than economists had expected source:www.nbcnews.com Market Corrections Are More Common Than You Think source:schwab.com Traders boost bets on June start to Fed rate cuts source:reuters.com Education: The Basics of Tariffs and Trade Barriers source:investopedia.com |
