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Canada Turned Down a US Tariff Deal. Now Comes the Economic Cost BloombergWhat Canadian Goods Will Take Trump's 50% Tariffs? Some Pretty Strange Items. The New York TimesU.S.-Canada breakdown shows limits of Trump's aggressive trade strategy The Washington PostThe lesson from Canada's collapsed trade talks with the US: negotiation may be futile The Guardian
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"It's a big setback," one analyst said, noting that other countries unhappy with the president's trade deals are probably watching closely.
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UAW Workers Reject Deere's Contract Extension Offer, Setting Up 2027 Battle WSJDeere seeks early contract extension as UAW members vote Sunday KWQCUnited Auto Workers vote down contract extension with John Deere KCCIUAW John Deere workers vote against contract extension proposal KWWL
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Caitlin Clark, Sophie Cunningham's Final Box Score Stats, Highlights as Fever Beat Sky Bleacher ReportGame Recap: Indiana Fever Take Down Chicago Sky on the Road Indiana FeverCaitlin Clark's career-high eight 3s help Fever stop Sky: Highlights, score USA TodayIndiana Fever bounce back from 'dismal defense' to beat Chicago Sky Yahoo Sports
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The bourbon giant's latest acquisition adds distilling capacity during an industry slowdown and comes as the company continues its $15 billion pursuit of Jack Daniel's owner Brown-Forman.
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Nobody likes a down stock market - or do they?
Almost every conversation I have had with clients this year included some amount of fear over where the markets are and where they are headed. The concerns range from losing a few more percentage points (possible) to losing 100% of their money (absurd). If an investor in a moderate portfolio lost all their money because the stock market went to zero, you would have much bigger things to worry about than your money. There wouldn't be anything to buy with it anyway. You'd need to learn farming skills ASAP, because there would be no more stores to buy anything from. The world would have, for all intents and purposes, ended. So clearly this is not a rational fear.
SEE MORE The Good News About Recessions for Investors
On the other hand, could the markets drop to a level we saw before the July/August rally? Sure, it could. It could even go a bit lower.
The issue isn't that the market could go lower at any given point, the issue is what will it ultimately do? The answer to that question in the past has always been that it moved higher - eventually. As we know, markets go both up and down, but they have always trended higher. This time and the next 10 after it will ultimately be no different, regardless of the reason it goes down.
Bear Market Statistics Offer Reassurance
Since 1950, we have seen 11 bear markets (defined as a drop of at least 20% from its most recent high). The average duration of those bear markets was 13 months, and the average drop in the markets was -33%. By comparison, during that same time period, bull markets have lasted 67 months on average and experienced a total return of 265%. *
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