Dear Readers,

I have been receiving a lot of panicky queries about where this market is going. This includes questions like:

OMG, why are we crashing like this?

Should I sell everything right now??

Relax, take a deep breath. The market is going down since the tariffs announced by the Trump administration were harsher than expected and took Wall St. by surprise. But here’s the thing, at some point this market will bottom out and/or the tariffs will be rolled back for a temporary pause. Why? Because NO ONE in the country is currently prepared for this kind of broad-based price hike on virtually everything we consume. I don’t have a crystal ball (no one does) but I cannot imagine this self-inflicted pain and chaos continuing without some kind of major blowback. I fully expect a relief rally later in the month and that’s why it is very important to stay invested right now. Keep in mind, money is made in bull markets, fortunes are made in bear markets.

Bottom line, DO NOT panic sell. We cannot time the reversal but at some point soon that reversal is coming and you will be glad you held through the short-term pain.