Helping Investors Withstand Current and Future Market Turmoil

Two issues – abrupt and excessive tariffs leading to a supply shock and lack of inflation hedges in retirement accounts

Abstract: Current market turmoil in the form of simultaneous declines in stock and bond prices, induced by the abrupt adoption of excessive tariffs, is likely to persist. The Administration could, and in my view should, preempt the current financial crisis by adopting a more sensible tariff policy. However, a sustained decrease in both equity and bond p…