An interesting read. A recent court decision might modify its impact somewhat.
It seems a way to profit from TDS and investors brainwashed by the MSM to think that everything the administration does is fatal. Very ironic that the very “newspaper” creating the misinformation and panic is now advising to “stand pat”.
Regardless political motives, there seems to be a pattern for investors to take advantage of before the legal stuffs settle. If I believed tariffs so much and threw heavy money followed S&P from April 4-7, I would have enough for a fancy summer vacation this year.
Hindsight is 20/20. Unfortunately, EU did not play this game early this week, so I can’t really duplicate this feat. But there should be other chicken games for a few years. Just watch out.
ABUSA is another clever acronym generated by recent actions taken by U.S. economic policies – “Anywhere But the U.S.A.” International investors are becoming disinclined to favor investing in the U.S. Other markets appear more stable and doing better.
Scott Galloway (Prof G podcasts) thinks that it’s insider trading, and much of the other nonsense going on is a distraction so people won’t look too closely.
The majority of my stocks are non-US, and they are doing very well this year. exUS developed (IEFA), Schwab Fundamental Small Cap International (FNDC), Europe (VGK), and Freedom Emerging Market (FRDM — doesn’t invest in authoritarian markets — avoids China, Turkey, Saudi).
I do own iShares US Minimum Volatility (USMV). It’s very conservative and stable companies, like a dividend ETF but “all the way to eleven”. Even less volatile.