4.4 • 3K Ratings
🗓️ 3 April 2025
⏱️ 29 minutes
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0:00.0 | It's the chart that shook markets. You're listening to Motley Full Money. |
0:23.5 | Tariff Liberation Day has arrived. |
0:25.1 | And so has Nick cypled. |
0:29.4 | Nick, thank you for being here on this tumultuous day for stock investors. |
0:31.4 | Great to be here with you, Ricky. |
0:33.2 | I wish it was with more fun news. |
0:35.2 | But hey, we'll take the news we've got. |
0:38.7 | President Donald Trump announcing reciprocal tariffs. |
0:41.3 | I think he called them kind reciprocal tariffs. |
0:46.9 | Tough love is it is half of what's going on on the other side of the chart on more than 180 countries. |
0:48.6 | These rates also include effects of currency manipulation and trade barriers from other |
0:54.1 | countries, non-monetary |
0:55.7 | trade barriers. We'll get into the X's and O's of what happened at the announcement yesterday, |
1:01.4 | but first, did you look at your stocks this morning? Do you take a look? Do you take a look at |
1:06.5 | the old Nick Seiple portfolio? How can you not? Right? I mean, it's like driving by a car crash. You got to see what's |
1:12.9 | going on. And it's certainly ugly in my portfolio, like I'm sure it is for many others, |
1:17.6 | with broader indexes down as much as 4%, or the Russell Small Cap Index, down over 5%. |
1:23.7 | Really not many places to hide out there in the market today. I haven't done a |
1:28.2 | lot of trading. Did buy a small starter position and a recent stock advisor candidate recommendation |
1:32.0 | that got whacked, and I think it already kind of been whacked, but nothing super meaningful |
1:35.7 | for the portfolio. I do think days like today are good ones to step away from the market, |
1:39.6 | not just stare at your portfolio and watch the numbers go down. And I don't think it's a great time to try to be |
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