The stocks have Wildweek, but don’t panic despite the tariff war
Jason Katz, managing director of Katz Wealth Management at UBS Financial Services, shares how he advises clients in this market environment as uncertainty about tariffs.
Investors suffered a major shaking in the stock market this week with the S&P 500, the broadest measure of stocks, sinking into the correctional realm that has been surviving the promotion of Canadian and Mexican presidents’ continued tariffs, bringing the European Union a 200% chance of alcohol tariffs.
| Ticker | safety | last | change | change % |
|---|---|---|---|---|
| I: DJI | Dow Jones average | 41488.19 | +674.62 |
+1.65% |
| SP500 | S&P 500 | 5638.94 | +117.42 |
+2.13% |
| I:comp | Nasdaq Composite Index | 17754.08602 | +451.07 |
+2.61% |
All three of the US major benchmarks recorded solid profits on Friday, with Dow Jones Industrial Arage rising 1.6%. S&P 500 And Nasdaq composites rose by more than 2%.
Some business owners are stumbling on Trump’s tariffs
Still, during that week, the Dow lost 3%, with the S&P 500 and Nasdaq composites above 2%.
Trump threatens 200% tariffs on EU alcohol
at the same time, Gold, a safe haven, has surpassed $3,000 I’m afraid of a recession, so I’ll do my first ounce per ounce before pulling back.
| Ticker | safety | last | change | change % |
|---|---|---|---|---|
| gld | SPDR Gold Shares Trust -USD ACC | 275.23 | +0.15 |
+0.05% |
Jason Katz, managing director of UBS Financial Services’ Katz Wealth Management, has told clients to hang harshly and place their political views, except for political views.
“Take a deep breath, this is not our first rodeo. My client has been with me for five, ten, twenty and sometimes thirty years,” he told Fox Business. “If you’re diversifying, it’s not that bad, literally look at your portfolio, look at your bonds, look at your value stocks,” he advises, with an average 60/40 portfolio (60-stocks/40 bonds) being a positive year, with bonds rising about 1.5%.
““A recession is not generally caused by tariffs, but rather an exogenous event, and it is premature to use the word “recession.”
President Donald Trump walks across the Southern Lawn to ride Marine One in the White House on March 7, 2025 in Washington, DC (Kayla Bartkowski / Getty Images / Getty Images)
Last weekend, Trump was asked about possible recession.
“This is a transition period, because what we’re doing is so big. We’re bringing our wealth back to America.” Trump told Maria Bartilomo of Fox Business “Sunday Morning Futures.”
Howard Lutnick, Commerce Secretary He took home “Fair Trade and Mutual Trade” on Friday, defending Trump’s tactics to boost iron, aluminum, copper, automobiles, semiconductors, medicines and timber.
U.S. Secretary of Commerce Howard Lutnick talks about mutual tariffs, trade deficits, American manufacturing, automobile production and the macroeconomics in a broad interview with Fox Business’s Maria Bartiromo.
“In the fourth quarter of 2025, this economy will hum,” he said, speaking to Baltiromo.
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The Federal Reserve will announce its March decision on interest rates on Wednesday. According to CME’s FedWatch ToolTracking the likelihood of rate movement, 99% of market participants expect to remain at rates between 4.25% and 4.50%. The next rate reduction could come soon in June when the tool appears and possibly 2 seconds in July.