The news of tariffs and impact on financial markets dominated headlines on Thursday, and anxiety merged into everyday life. Let’s hear what the media and some legendary personal finance experts have to say about market turmoil.
Below is useful advice and insightful commentary on tariffs and market volatility from 12 ideological leaders. (For Boldin’s take, see what to do with market volatility.) We think you’ll find a valuable range of views in putting the news in context. There are legitimate concerns, but the big question is that these tariffs will be retained, and are we seeing a complete upheaval of the global economy?
1. Kit Ses: 10 charts to bring market volatility into perspective
If you trace the field of financial planning, you may come across Michael Kittses, a widely respected thought leader and researcher in the financial planning industry. His platform regularly features detailed insights from top financial experts, and recently invited ClearNomics CEO and founder James Liu and Chief Market Strategist Lindsey Bell. Share your perspective on recent market volatility.
While there are many valuable insights in this article, three key principles stand out as being particularly important for Boldin subscribers to keep in mind in times of uncertainty. The power of diversification, the inevitability of market correction, and the importance of investing in long-term economic success.
The role of diversification in market stability
History consistently proves that a single asset class will not outperform forever, so diversification is necessary to effectively manage risk.
If in recent years the majority of inventory allocations consisted of US stocks (i.e., the S&P 500), you probably did well. However, if US stocks are struggling, other types of investments can help balance and reduce the overall ups and downs of your portfolio. As shown in the graphics above, international stocks, commodities and bonds have helped to ease the impact of stock market fluctuations this year.
By investing money in a variety of asset classes, you can build a more resilient portfolio that can handle the ups and downs of the market while maintaining long-term growth potential.
Market corrections happen faster than you think
It’s never easy to watch your retirement savings and investment portfolio hit during the market slump. Watching your hard-earned savings drop quickly can be stressful and worrying is completely understandable. However, history shows that these market dips are a natural part of investment and will not last forever.
As the chart above shows, the typical S&P 500 revision saw a decline of about 14%, but historically, the market has bounced back in under four months. Taking 2020 as an example, who could have predicted a global pandemic that year? At the time, you might have assumed that it would take years for your investment to recover, but the market rebounded in just four months.
These recessions are naturally volatile, but they help adjust market prices and create new investment opportunities for long-term investors who remain on course.
Time in the market beats market timing
During the period of market volatility, the urge to “do something” with investments, such as sales to avoid further losses, is appealing. However, in order to successfully timing the market, you need to get two near-impossible decisions properly. It’s about when to sell and when to buy it back.
As you can see from the graph above, lack of just a handful of the best performance in the market can have a serious impact on long-term investment returns. Sold during a market slump and you can miss out on the important rebound period that follows.
Even when news looks tough, maintaining the course has historically been the best way to build long-term wealth. Not only that, but it also gives you a sense of security by avoiding the stress of constantly trying to predict market movements.
Please see Complete article10 charts with market volatility in mind for more insights.
2. Morgan Howsel: Denial or belief that tariffs will be reversed
Morgan Howsel is the author of acclaimed bestselling book. Money Psychology: Timeless Lessons on Wealth, Greed and Happiness. He was recently quoted Baron’scommenting on market volatility.
He said, “I have a lot of take. I track the stock market very closely. I check it every day, every day, but it never affects my decision as an investor. It doesn’t affect the average dollars to index funds I’m hoping to own for the next 50 years.
However, after Thursday’s market clash, he tweeted a more direct commentary on the optimistic or pessimistic tariffs, depending on how you read it. He writes: “I spoke to the investor. The fact that it’s not is either a denial or a belief that it will turn out quickly.”
If you’ve never heard of Housel on a Boldin podcast, I highly recommend listening.
3. Ben Carlson: Volatility Cluster
CFA Ben Carlson is currently the director of institutional asset management at Ritholtz Wealth Management and the author of the blog. Rich common sense. He offers Explanation About how the markets today are different and how volatility clusters are becoming more common. He said, “I don’t know if this will turn into another bear market, but I’m not surprised that these big moves are happening more frequently.”
He talks about the economic declines being more frequent and shorter-lived.
4. Wall Street Journal Editorial Committee:
While YouTubers and social media commentators dominate online discussions, Wall Street Journal considers it the ultimate financial guru. Their editorial board published an opinion article today titled “.Trump’s new protectionist era: blowing up the world trade system results in the president not promoting. ”
The film says that “President Trump announced his new “Liberation Day” tariffs on Wednesday, another major step into the new old era of trade protectionism. It is intended that policies will not stick.
5. Joe Coon: Your retirement plan is wrong (disability should be updated regularly to stress test)
Check out Joe Coon’s video For the importance of stress testing, test your retirement plan and run it using Boldin to roam the scenario.
6. Jean Chatsky: Time in the market
CEO of Jean Chatsky harmony And the host of podcast Hermoney was interviewed CNBC And she reminded everyone of the old saying. Market timing isn’t going well – it’s time to be in the market. ”
She also advised, “taking action is the best way to feel more resilient.” Here are many ways to take action that doesn’t involve selling your money to the loss.
7. AzulWells: The most dangerous economic experiment in our lives has begun
Azul Wells is Boldin’s new partner. Azul discusses in a video posted on April 3, 2025 Trump’s tariffs And how might they have an impact on your finances.
8. RobBerger and Friends: Investment and Allocation Insights
Over the past few days, Rob Burger has been posting about investments and allocations. And his insights could be useful in light of tariff news.
He recently posted:
9. Devin Carroll: Don’t let the bad market ruin your retirement plans
Devin Carroll Guaranteed You There’s no need to panic Please apply the brakes on your retirement plan.
10. Michelle Singletary: Don’t scare this out of the stock market
Michelle Singletary writes the nationally syndicated personal finance column, “The Color of Money,” which will appear in the Washington Post on Wednesday and Sunday.
She offered Thursday’s advice That included pleas for young Americans to continue investing in the stock market. She continued, “If you’re in your 20s, 30s, or early 40s, don’t let anything happening out of the stock market and scare you away from the stock market. Keep investing.” Singletary continues: “As a young adult investor, older investors can take advantage of important investment strategies that aren’t. You have time on your side.
And for everyone else, she advised not to “see.” And if you are looking, make sure to see where you stand over 10-15 years ago. The odds are still up.
11. Warren Buffet: Keep your head when everything else is losing theirs
In early March this year, Warren Buffet called Trump’s tariffs “act of war.”
However, his advice from a 2017 letter to Berkshire Hathaway shareholders is still widely cited as Sage’s advice. In the letter, Buffett warned that he was rattled by “scary headlines and breathtaking commentary when the stock market drips.” And he began quoting the poem “if” by Rudyard Kipling.
“If you can maintain your mind when you’re losing everything about them… If you don’t get tired of waiting, if you don’t get tired of waiting… you can think about it – if you don’t think of your purpose… If you can trust yourself when all men doubt you… You are the Earth and everything in it.”
12. The New York Times master expressed confusion
The New York Times lead story, The stock war causes “major pessimism” in global markets as stocks plummet Various financial experts have been cited, with most expressing distrust and embarrassment.
“Trump’s tariff plans represent a shift from perhaps the biggest uncertainty to the biggest pessimism,” said Jeff Buchbinder, chief equity strategist at LPL Financial.
“They might have been in a room throwing darts on a dartboard,” said Andrew Brenner, head of international bonds at Natalliance Securities. He continued, “Trump will go to war with the nation about this,” he said. “That’s ridiculous. It doesn’t show any understanding of what he’s doing to other countries. And it’s going to hurt the US.”
“The president’s rhetoric cost has never been an hour before,” said Lawrence Summers, who served as Treasury Secretary under President Bill Clinton. I wrote it on social media Late Wednesday.
Trump’s Secretary of Commerce Harry Lutnick also said, “Let Donald Trump run the world economy. He knows what he’s doing. He’s been talking about it for 35 years. You’ve come to trust Donald Trump in the White House.”
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