Tariff implementation has created carnage in the futures markets. With little fiscal or monetary support on the horizon, money is gushing into safe-haven assets. We'll discuss in 45 minutes
| | Good morning, | You're seeing nothing but red across the stock markets right now. | You might be wondering - What just happened in the last 24 hours? | I'll level with you. | The stock market is facing levels of selling that I haven't seen in a long time. | Yesterday, President Trump announced new tariffs on imported goods. We knew this was going to happen yesterday. But the message wasn't what the market expected. | First, what are tariffs? | Tariffs are basically taxes on goods coming into our country from other countries. | When tariffs increase, imported products become more expensive for Americans. | But they're designed to ensure that local companies in a country can compete with cheaper goods from abroad. This is a form of "protectionism." | After the market closed yesterday, Trump announced two sets of tariff changes: | 1. A basic 10% tariff on ALL imported goods. This will start on April 4 at midnight. | 2. Much higher "reciprocal tariffs" on specific countries starting on April 8. | Why is the market panicking right now? | The consensus was that the White House would only hit other nations with just a 10% tariff. Markets actually rallied when Trump started speaking. | But then, the President said his plan had much higher tariffs on dozens of countries. | This included 54% on China. The market went into a free fall immediately. | Combine this with stalling support from the Federal Reserve (our central bank), and we're facing a road much lower on the S&P 500. | This will be a bumpy ride… with lots of price swings along the way. | Now that it's already in motion - I expect that we're facing levels of uncertainty that we haven't seen in five years. | The last think I want is for you to be seeking answers from media outlets and pundits who didn't foresee this selloff and problems weeks ago. | But we've consistently had warnings and trading outlooks since these problems started in February. | Today, I'll be live at 8:45 to answer questions. | Right off the bat. | We'll do a Q&A in our chat. | I'll answer your questions about where we go from here, the best ways to trade in this environment, and where opportunities will emerge as trade policy reshapes America. | I'm constantly trying to prevent crisis in anyone's portfolio… | I'm very defensive as a trader and investor. I played goalie in every sport growing up because I liked being the last line of defense, and I take the same approach here. | I genuinely hate when retail investors are stuck holding the bag in a market. | So, if you're looking for answers, join me live at 8:45 am ET. | We'll treat this session with the seriousness that it deserves… | Again, you can join the live room at 8:45 ET. | Stay positive, | Garrett Baldwin |
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