The stock market closed the week in a bloodbath as Trump’s tariffs triggered a historic two-day drop, wiping out $6 trillion in market value. This marks the worst week for the stock market since 2020 and only the fourth time in history that the Dow has lost 2,000 points in a single day. Remarkably, Trump has been responsible for such a drop twice—first due to his disastrous handling of the COVID-19 pandemic, and now because of his trade war. According to the Wall Street Journal, market-wide losses over the past two days have reached a record-breaking $6.4 trillion.
The longest bull market is over, it is dead, destroyed by Trump’s reckless trade war with the entire world. While the market may be nearing a short-term bottom, most analysts are deeply concerned about the long-term impact of a global trade war on economic growth.
As a long-term investor managing my own Roth IRA for several years, this is the first time I’ve sold my entire portfolio. I’ve now allocated nearly 80% of my investments to government Treasury bills. Although the interest rate is only 4.2%, it remains above the inflation rate. While this strategy may not yield profits, it at least preserves the value of my portfolio during these turbulent times.
Many blue-chip stocks are bottoming out, but their true value remains uncertain. Analysts will need to reassess valuations, as no one knows where this disastrous trade war will lead the U.S. and global economies. Until then, buying stocks remains an extremely risky endeavor.
I can’t wait for 2026. With his disastrous policies, I’m confident the Democrats will win the House and finally put an end to this nightmare----or at least rein in the chaos and damage he has inflicted on our economy and the global economies.
BTW, does anyone here on the defense forum invest in the U.S. stock market? If so, I'd love to hear your opinions.