Jason Katz, CEO of Katz Wealth Management at UBS Financial Services, shares how to advise clients in this market climate, because uncertainty about tariffs threatens volatility.
Investors this week on the stock market stomach markets on the stock market with the S&P 500, the widest level of shares, sank on a correction area that developed the continuing tariff of President Trump against Canada and Mexico, warning the European Union with a potential 200% alcohol tariff.
| Ticker | Security | Last | Conversion | Change % |
|---|---|---|---|---|
| I: DJI | DEW Jones diameters | 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 main American benchmarks on Friday recorded solid profits, while the industrial average Dow Jones increased by 1.6%, While S & P 500 And the NASDAQ composite increased by 2%.
Why are some business owners not overwhelmed by trump tariffs
Yet, in a week, Dow lost 3%, while S&P 500 and Nasdaq Composite dropped by 2%.
Trump threatens 200% of the EU alcohol tariff
At the same time, Gold, safe refuge, exceeded $ 3,000 For the first time to ounce before pulling out when they fear the recession.
| Ticker | Security | Last | Conversion | Change % |
|---|---|---|---|---|
| GLD | SPDR Gold shares a Trust – USD ACC | 275.23 | +0.15 |
+0.05% |
Jason Katz, CEO of Katz Wealth Management at UBS Financial Services, tells his clients to hang firmly and put their political views, whatever, aside.
“Take a deep breath, this is not our first rodeo. Clients were five, ten, 20 with me and in some cases 30 years,” Fox Business said. “If you are diversified, it's not that bad, literally look at your portfolio, look at your bonds, check out your value reserves,” he said, noting that the average portfolio 60/40 (60 songs/40-bond) is positive in the year.
“The recession in general is not caused by tariffs, somewhat exogenous events, and it is premature to use a recessive word, “he noted.” I expect to see other growth policies in the second half of the year, “he added.
President Donald Trump passes through South Lawn to join Marine One in the White House 7 March 2025 in Washington, DC (Kayla Bartkowski / Getty Images / Getty Images)
Last weekend Trump was asked for the potential of recession.
“It is a transition period because what we do is very great. We bring wealth back to America,” Trump said Fox Business' Maria Bartiromo on “Sunday morning futures”.
Minister of Commerce Howard Lutnick He defended Trump's tactics to bring back “fair trade and reciprocal shop” on Friday to strengthen steel, aluminum, copper, cars, semiconductors, pharmacies and lumber while shooting down the recession.
The US Trade Minister Howard Lutnick speaks of mutual tariffs, business deficits, American production, car production and macroeconomics in an extensive interview with Fox Business' Maria Bartiromo.
“In the fourth quarter of 2025, this economy will buzz,” he said, talking to Bartirom.
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The federal reserve system will publish its torque decision on interest rates on Wednesday. According to Fedwatch CME toolwhich monitors the likelihood of rates movements, 99% of market participants expect rates to remain unchanged to 4.25% to 4.50%. Further reduction in rates could come in June, shows the instrument and possibly in the second in July.
