A Rough Patch in the Market: Trump Tariffs and Lessons for the Long Haul
Hi everyone 🙌 ! It’s me again, back with some thoughts on the latest market turbulence shaking things up. If you’ve been watching the headlines—or your portfolio—lately, you’ve probably felt the sting of this recent rout. The talk of Trump tariffs is everywhere, stirring up fears of trade wars and economic fallout. Some are even drawing parallels to the Smoot-Hawley Tariff Act of 1930 , that infamous piece of legislation that jacked up tariffs and, some argue, helped tip the world into the Great Depression. It’s a dramatic comparison, no doubt, and it’s got folks jittery. But as I sit here sipping my kopi and mulling it over, I can’t help but think: today’s world isn’t the 1930s. The economy’s a different beast now —bigger, more intricate, and woven with threads from emerging giants like China, India, Brazil , and our own S outheast Asia , alongside developed players like J apan, Korea, and Taiwan. So, let’s unpack this mess, see what it means for us as investors, and figure o...
