143 a reason to care - editorialpinups

Growing up in the 1960's and 1970's I lived with three major differences.  Industries such as transportation were regulated much more strongly than today.  Second, there was the preponderance of pension funds in a variety of industries, and third, the stock market was a a casino for the rich.  Granted, many investments by the pension funds were controlled by expert investment teams, but the average individual did not have to worry investment.  It is said that the wealthiest 10% of Americans own 93% of the stock.  That percentage seemed to be realistic in the 60's and 70's.

However, it was the 1980's the 401(k) started replacing pension funds.  This took the decisions for how to invest retirement account funds away from the professionals and into the hands of regular people.  Yes, there are advisers, but the person will control their accounts.  This means they need to have a better knowledge level but can also fire the adviser if they feel they got bad advise.  Company 401(k) funds are not guaranteed by the company.  It is the duty of the amateur to make the decision.  Screw up and gone.  

Now we have the amateur's caring about the details of the stock market.  

With President Trump now applying reciprocal tariffs on countries there will be movement in the stock market.  One area of movement will be globalist companies who have set their business plans on using slave labor in foreign countries that allow it.  Other will be companies who have some factories in foreign countries that allow slave labor but also have plants in the United States.  Third is foreign companies that strictly sell to the United States whose fear will be products becoming more expensive due to the tariffs.  The second and third will increase plants in the United States.  Commitments are already happening, Rolls Royce, Nissan, Apple, LG Electronics, Hyundai Motors to name a few.  Upwards of 50 countries are arranging meetings to negotiate changes.  

All this to work down the trade deficit which is a problem that the country must exist or there will be no money for the United States.  This is something that it looks like an entrenched politician just cannot do.

In the mean time, the stock market will have bumps and direction changes. There is talk between both camps.  One camp is declaring doom and gloom.  Other camps state there may be a temporary downturn but Americans will be able to make this go up and up strongly.

In the mean time it is advised that the rookie investors just relax and wait it out!