Skip to playerSkip to main content
Business Insider
  • 9 months ago
Donald Trump's tariffs are destabilizing the market and caused the S&P 500 index to drop as much as 5% on April 7th before trimming losses.
Transcript
00:00The stock market is in meltdown mode amid the global trade war.
00:04On Monday, the benchmark S&P 500 fell as much as 5% before pairing losses.
00:09The index has now fallen roughly 20% from recent highs and is flirting with bear market
00:14territory.
00:15Fueling the stock selling is President Trump's wide-ranging tariffs.
00:19Experts across Wall Street have been surprised at the magnitude of the tariffs announced
00:23by Trump, which they see as destabilizing the global economic outlook.
00:27Trump ratcheted the stakes even higher midday on Monday, vowing to impose additional tariffs
00:32of 50% on China unless the nation withdraws its retaliatory levies on U.S. goods.
00:38And he's given them a deadline of Tuesday.
00:40It's created a hyper-volatile market environment.
00:42Here are four pieces of advice the average person can follow.
00:46First, don't sell while the market is down.
00:48Be patient and wait for a rebound.
00:50Second, seek out safe havens like gold or treasury bonds, or even less risky parts of
00:55the stock market, like consumer staples.
00:57Third, resist the urge to day trade in an attempt to perfectly time market swings.
01:02The fluctuations are too unpredictable, and it's nearly impossible to get the timing exactly right.
01:07And fourth, make sure to have some cash set aside.
Be the first to comment
Add your comment

Recommended

US stock market loses $4 trillion in value as Trump plows ahead on tariffs
AWANI
10 months ago
Stocks see biggest single-day drop since 2020 after Trump's tariffs
Business Insider
9 months ago
S&P 500 snaps 9-session win streak after latest Trump tariff
AWANI
8 months ago
Wall Street Expects Trump's 'Massive' Tariff Hike Threat Against China To Hurt US More, Says Expert: 'Dollar Is Not Looking Healthy'
Benzinga
3 months ago
Trump Tariff Threat Erases $2 Trillion From U.S. Markets As Stocks Plunge On Trade War With China
Benzinga
3 months ago
The Reporter Notebook: Tariffs vs. the Stock Market
Fortune
10 months ago
Breaking: Trump Freezes Tariffs After $1.5 Trillion Meltdown; Wall Street Roars Back With Rally
Oneindia
9 months ago
WALL STREET CRASHES: Trump Calls U.S. ‘Sumo Wrestler’ of Trade as Markets Tumble After Tariff Hike
Oneindia
9 months ago
Asian Markets Spooked After Trump Refuses To Rule Out U.S. Recession
TaiwanPlus News
10 months ago
Global Market Rollercoaster Ahead of Trump Tariff Announcement
TaiwanPlus News
9 months ago
'Trump Bump' Could Become 'Trump Slump' As Inflation And Interest Rate Concerns Dampen Post-Election Market Rally
Benzinga
1 year ago
'125% Tariff On China': Trump's Non-Stop Attack After 84% Tariff Retaliation By Beijing | Details
Oneindia
9 months ago
Trump Defends Tariffs As Necessary 'Medicine,' As Wall Street's Fear Gauge Surges
Benzinga
9 months ago
Stocks Plunge as Trump Threatens 'Massive Increase' in China Tariffs
Bloomberg
2 months ago
Dow Futures Crash Over 1,500 Points as Market Braces for Brutal Monday
FanReviews
9 months ago
Economists worry Trump's tariff formula makes harmful assumptions about trade
Business Insider
9 months ago
Trump says he ordered tariff pause because people were getting "yippy"
Fortune
9 months ago
Stocks Tank Again as 104% Tariff Deadline Looms and Apple Suffers Worst Stretch Since 2008
FanReviews
9 months ago
Stocks Surge As Trump Softens On China Tariffs—S&P 500 Heads To 2nd-Biggest Gain Since 2022
Forbes Breaking News
8 months ago
Breaking: Trump Halts Tariffs for 90 Days: China Left Out, Global Markets in Turmoil | WATCH
Oneindia
9 months ago
Stock Market Erases Gains Amid Fears of Trade War and Tariffs on Canada, Mexico, and China
Benzinga
10 months ago
Trump’s New Tariffs Spark Global Backlash
Benzinga
10 months ago
Trump Cuts Most Tariffs to 10% for 90 Days, Raises China Tariffs to 125% Citing 'Lack Of Respect'
Benzinga
9 months ago
With silver prices spiking, here's a look at its dark history
Insider
6 hours ago
How Navy officers are trained at the grueling 13-week Officer Candidate School
Insider
1 week ago