đđđ𼳠If I have to choose which is the hardest thing to predict in the stock market, it would certainly be Policy. The current market roller coaster ride can be attributed to Donald Trump's tough tariffs that he imposed on 185 countries .
However he is unpredictable like the weather . He changes his policy day by day . Yesterday it was sunshine with the tariffs down to 10% across the board with the exception of China which he raised to a huge 145%.
However China has retaliated increasing its tariff to the US from 84% to 125% effective from Saturday.
A close second would be Sentiment - Fear versus Greed. Fear causes people to panic sell while Greed causes people to buy like there is no tomorrow.
Amid this market chaos I believe that it is important to have a positive mindset and the patience to ride out this volatility. I will continue to stay invested for the long haul as the market always recover and reward those who stay the course.
@TigerEvents
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments