No. of Recommendations: 9
I am still not buying.
This is comparable to the market decline during Covid.
If you are an LTBH type investor, I believe you will get better opportunities later in the month or the year.
I think Trump has spent too much political capital to reverse the tariffs suddenly tomorrow or in a week. But that is a wild card. If that happens, the opportunity might disappear partially. It's the double whammy of tariffs and uncertainty driving the markets down. The tariffs might go away, but the uncertainty will still be there. I am not too worried about it. I think in the coming weeks or months, we will see more people panicking, and selling everything at fire sale prices. Of course this is just my wild guess, but that's how I am proceeding.