Some things have been getting better, while others have gotten worse, particularly in the realm of foreign relations with our allies. Let’s break it down in this Weekend Update with Brett Witkowski.
When we look at the S&P 500’s performance during various points in Trump’s first presidency, we see a pattern of volatility. The market surged and dipped in response to headlines and policy shifts. This history gives us some insight; if the market takes a hit, Trump often takes swift action to stimulate a rebound and redirect attention.
Right now, the market is sitting at all-time highs. As we wait for the next major development, Trump seems to be extending olive branches to longtime geopolitical adversaries like China, Iran, and possibly Russia. At the same time, he appears to be taking a more confrontational approach with traditional allies such as Canada and perhaps even parts of Europe. These moves raise questions about where future alliances and economic partnerships may be headed. We will continue monitoring these developments and provide weekly updates on the latest news and how it may impact your financial strategies.
