Reacting to the Tariffs: A Classic Lesson in Letting Emotions Drive Your Decisions

So many people are talking about tariffs and trade negotiations and trying to make sense of it all. Today, Paul explains how tariffs work in a free market economy and also shares a few examples of where financial news pundits are getting it wrong. The bottom line with the news right now is this: Don’t get roped into the emotional side of this and let fear or greed lead you into making changes right now. Education is the best way to understand what is going on and get out of the emotions that are driving financial institutions and investors.

 

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