Trump said in a social media post that the EU “is not complying with our fully agreed to Trade Deal,” though he did not flesh out his objections in the post.

Asked by reporters on Friday about the increase in import taxes as he departed the White House for Florida, Trump said the EU was not “as usual” adhering to last year’s trade framework, without detailing the source of the tension. He added that he believed the shift to higher tariffs “forces them to move their factory production much faster” to the U.S.

Trump and European Commission President Ursula von der Leyen had agreed to the trade deal last July. It set a tariff ceiling of 15% on most goods, though the Supreme Court this year ruled against the legal authority that Trump had used to charge that tax. This left Trump looking for substitute authorities, and his administration has imposed a 10% tax while investigating trade imbalances and national security issues to put in new tariffs to make up for lost revenues.

The tariffs hit at a moment when the Iran war has crushed the world economy with expectations of slower growth and higher inflation, as oil and natural gas prices have risen due to the effective closure of the critical Strait of Hormuz after strikes by the U.S. and Israel began at the end of February.

At the same time, Trump faces political pressure in the U.S. going into November’s midterm elections because of rising levels of inflation. Trump, a Republican, returned to the White House last year on the explicit promise that he could quickly tame prices that jumped in the aftermath of the government’s response to the coronavirus pandemic, but higher energy costs pushed annual inflation in March to 3.3%, which was higher than what he had inherited.

Just 30% of U.S. adults approved of Trump’s handling of the economy, according to the latest poll by The Associated Press-NORC Center for Public Affairs.

Both the U.S. and the EU had previously confirmed their commitment to preserving the trade framework, known as the Turnberry Agreement, which was named after Trump’s golf course in Scotland.

The status of the 2025 deal was first cast into doubt after the Supreme Court this year ruled that the president lacked the legal authority to declare an economic emergency and charge tariffs on goods from the members of the EU and other states. The alternative tariffs being explored by the Trump administration could ultimately put the agreement with the EU in risk of violation, though European Commissioner for Trade and Economic Security Maroš Šefčovič told reporters last week that the relationship with the U.S. had become more positive over the past year.

The EU had said it expected the bilateral deal would save European automakers about 500 million to 600 million euros ($585 million to $700 million) a month.

The value of EU-U.S. trade in goods and services amounted to 1.7 trillion euros ($2 trillion) in 2024, or an average of 4.6 billion euros a day, according to EU statistics agency Eurostat.

“A deal is a deal,” the European Commission said in February after the Supreme Court ruling. “As the United States’ largest trading partner, the EU expects the U.S. to honor its commitments set out in the Joint Statement — just as the EU stands by its commitments. EU products must continue to benefit from the most competitive treatment, with no increases in tariffs beyond the clear and all-inclusive ceiling previously agreed.”

The post Trump says he’ll place 25% tariff on autos from the EU, accusing it of not complying with trade deal appeared first on The Hemet & San Jacinto Chronicle.

Newsom announced the state’s new economic ranking Wednesday after recently released data from the International Monetary Fund and the U.S. Bureau of Economic Analysis indicated that California’s nominal gross domestic product now exceeds Japan’s.

According to the data, California’s nominal GDP reached $4.1 trillion, surpassing Japan’s $4.02 trillion. That places the Golden State behind only the United States at $29.18 trillion, China at $18.74 trillion, and Germany at $4.65 trillion.

“California isn’t just keeping pace with the world — we’re setting the pace,” Newsom said in a statement. “Our economy is thriving because we invest in people, prioritize sustainability, and believe in the power of innovation.”

Of the top-four global economies, California’s is also the fastest growing, according to data and Newsom’s office. Its nominal GDP grew at a rate of 6% in 2024, outpacing the U.S.’s overall 5.3% rate, China’s 2.6% rate and Germany’s 2.9% rate.

Newsom attributed California’s showing to a growing population and record tourism spending coupled with a high concentration of venture capital and new business ventures. He also touted the strength of the state’s agricultural, high-tech and manufacturing centers.

While celebrating the milestone, Newsom also took a swing at President Trump’s tariff policies.

“While we celebrate this success, we recognize that our progress is threatened by the reckless tariff policies of the current federal administration,” he said in a statement. “California’s economy powers the nation, and it must be protected.”

Last week Newsom announced a lawsuit challenging Trump’s executive authority to enact international tariffs without the support of Congress, calling the president’s economic policies a “wrecking ball” to America’s global reputation.

The legal action argues that the International Emergency Economic Powers Act that Trump cited to impose tariffs does not grant the president the ability to unilaterally adopt tariffs on goods imported to the U.S.

“No state is poised to lose more than the state of California,” Newsom when announcing the lawsuit. “That’s why we’re asserting ourselves on behalf of 40 million Americans.”

The last time California advanced in world economic ratings was 2018, when its nominal GDP surpassed the United Kingdom’s to move into fifth place. India’s economy, which is currently $3.90 trillion, is predicted to overtake California’s in 2026, according to current data trends.

Times staff writer Taryn Luna contributed to this report.

The post California overtakes Japan to become world’s fourth-largest economy. But tariffs pose threat appeared first on The Hemet & San Jacinto Chronicle.

Treasury Secretary Scott Bessent told reporters that Trump was pausing his so-called ‘reciprocal’ tariffs on most of the country’s biggest trading partners, but maintaining his 10% tariff on nearly all global imports. Import tariffs on goods from China, though, would surge to 125% “effective immediately,” Trump said on social media.

It was seemingly an attempt to narrow what had been an unprecedented trade war between the U.S. and most of the world to one between the U.S. and China.

Global markets surged on the development.

California Democratic Sen. Adam Schiff, a frequent critic of Trump, took to social media to question the administration’s intentions.

“Trump is creating giant market fluctuations with his on-again, off-again tariffs. These constant gyrations in policy provide dangerous opportunities for insider trading,” he wrote. “Who in the administration knew about Trump’s latest tariff flip flop ahead of time? Did anyone buy or sell stocks, and profit at the public’s expense?”

Schiff added “I’m writing to the White House — the public has a right to know.”

Before the pause was announced, Gov. Gavin Newsom put out a call directly to international leaders, urging them to continue thinking of California as a “stable trading partner” regardless of what happens in Washington.

The governor had previously directed the state to pursue international trade relationships outside of the federal government and called on foreign governments to exempt California-made products from retaliatory tariffs the rest of the country may face as a result of Trump’s tariffs.

“Donald Trump’s tariffs do not represent all Americans, particularly those that I represent here in the fifth-largest economy in the world, the state of California,” the governor said in a video posted to social media.

The Trump administration’s about-face on tariffs came after a strong reaction across the global economy.

The tariffs kicked in shortly after midnight, including 104% on products from China, 20% on the European Union, 24% on Japan and 25% on South Korea.

When a downturn appears on the horizon, investors typically crowd into U.S. Treasury notes as a safe haven, viewing the federal government as a source of stability. Not this time. Government bond prices are down, pushing up the interest rate on the 10-year U.S. Treasury note to 4.45% in a sign that the world is increasingly leery of Trump’s moves.

“The market is highly nervous about foreign investors stepping away from the US Treasury debt, which is sending yields sharply higher,” said Gennadiy Goldberg, head of U.S. rates strategy at TD Securities said earlier Wednesday. “Markets more broadly, not just the Treasury market, are looking for signs that a trade de-escalation is coming. Absent any de-escalation, it’s going to be difficult for markets to stabilize.”

The Republican president was publicly defiant as the stock market recovered slightly, then sold off and then bounce back in morning trading. The S&P 500 stock index has fallen more than 18% since Feb. 18 as Trump’s tariff plans crystallized.

Business leaders warned of a likely recession.

JPMorgan Chase CEO and Chairman Jamie Dimon said there would “probably” be a recession, although he also deferred to his economists.“I do think fixing these tariff issues and trade issues would be a good thing to do,” he said in an interview with Fox Business Network’s “Mornings with Maria.”

On CNBC, Delta Air Lines CEO Ed Bastian said the administration was being less strategic than it was during Trump’s first term. His company had in January projected it would have its best financial year in history, only to scrap its expectations for 2025 due to the economic uncertainty.

“Trying to do it all at the same time has created chaos in terms of being able to make plans,” he said, noting that demand for air travel has weakened.

Treasury Secretary Scott Bessent has previously said it could take months to strike deals with countries on tariff rates, and the administration had not been clear on whether the baseline 10% tariffs imposed on most countries would stay in place. But in an appearance on “Mornings with Maria,” Bessent said the economy would “be back to firing on all cylinders” at a point in the “not too distant future.”

He said there has been an “overwhelming” response by “the countries who want to come and sit at the table rather than escalate.” Bessent mentioned Japan, South Korea, and India. “I will note that they are all around China. We have Vietnam coming today,” he said.

The post Trump Announces 90-Day Pause On Tariffs With 1 Major Exception appeared first on The Hemet & San Jacinto Chronicle.

Trump’s threat, which he delivered on social media, came after China said it would retaliate against U.S. tariffs announced last week.

“If China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th,” he wrote on Truth Social. “Additionally, all talks with China concerning their requested meetings with us will be terminated!

Trump has remained defiant as the stock market continued plunging and fears of a recession grew.

“Be Strong, Courageous, and Patient, and GREATNESS will be the result!” he wrote.

The Dow Jones Industrial Average dropped 1,200 points as trading began on Monday morning, and the S&P 500 was on track to enter a bear market, which means falling 20% from a recent high. Even some of Trump’s allies are raising alarms about the economic damage, and financial forecasts suggest more pain on the horizon for U.S. businesses, consumers and investors.

The Republican president has insisted his tariffs are necessary to rebalance global trade and rebuild domestic manufacturing. He accused other countries of “taking advantage of the Good OL’ USA!” on international trade and said “our past ‘leaders’ are to blame for allowing this.” He singled out China as “the biggest abuser of them all” and criticized Beijing for increasing its own tariffs in retaliation.

Trump also called on the Federal Reserve to lower interest rates. On Friday, Federal Reserve Chair Jerome Powell warned that the tariffs could increase inflation, and he said “there’s a lot of waiting and seeing going on, including by us,” before any decisions would be made.

Investors expect the U.S. central bank to cut its benchmark interest rates at least four times by the end of this year, according to CME Group’s FedWatch, a sign that concerns about inflation will be eclipsed by fears of layoffs and a shrinking economy.

Trump spent the weekend in Florida, arriving on Thursday night to attend a Saudi-funded tournament at his Miami golf course. He stayed at Mar-a-Lago, his private club in Palm Beach, and golfed at two of his properties nearby.

On Sunday, he posted a video of himself hitting a drive, and he told reporters aboard Air Force One that evening that he won a club championship.

“It’s good to win,” Trump said. “You heard I won, right?”

He also said that he wouldn’t back down from his tariffs despite the turmoil in the global markets.

“Sometimes you have to take medicine to fix something,” Trump said.

Goldman Sachs issued a new forecast saying a recession has become more likely even if Trump backtracks from his tariffs. The financial firm said economic growth would slow dramatically “following a sharp tightening in financial conditions, foreign consumer boycotts, and a continued spike in policy uncertainty that is likely to depress capital spending by more than we had previously assumed.”

European Commission President Ursula von der Leyen said the European Union would focus on trade with other countries besides the United States, saying there are “vast opportunities” elsewhere.

Trump said he spoke with Japanese Prime Minister Shigeru Ishiba to start trade negotiations. He complained on Truth Social “they have treated the U.S. very poorly on Trade” and “they don’t take our cars, but we take MILLIONS of theirs.”

Ishiba said he told Trump that he’s “strongly concerned” that tariffs would discourage investment from Japan, which has been the world’s biggest investor in the U.S. in the past five years. He described the situation as a “national crisis” and said that his government would negotiate with Washington to urge Trump to reconsider the tariffs.

White House trade adviser Peter Navarro suggested countries would need to do much more than simply lower their own tariff rates to reach deals, saying they would have to make structural changes to their tax and regulatory codes.

“Let’s take Vietnam,” he said on CNBC. “When they come to us and say, ‘We’ll go to zero tariffs,’ that means nothing to us because it’s the non-tariff cheating that matters.”

On Monday, the president is scheduled to welcome the Los Angeles Dodgers to the White House to celebrate their World Series victory. He’s also meeting with Israeli Prime Minister Benjamin Netanyahu, and they’re expected to hold a joint press conference in the afternoon.

Trump has strived for a united front after the chaotic infighting of his first term. However, the economic turbulence has exposed some fractures within his disparate coalition of supporters.

Bill Ackman, a hedge fund manager, lashed out at Commerce Secretary Howard Lutnick on Sunday as “indifferent to the stock market and the economy crashing.” He said Cantor Fitzgerald, the financial firm led by Lutnick before he joined the Trump administration, stood to profit because of bond investments.

On Monday, Ackman apologized for his criticism but reiterated his concerns about Trump’s tariffs.

“I am just frustrated watching what I believe to be a major policy error occur after our country and the president have been making huge economic progress that is now at risk due to the tariffs,” he wrote on X.

Top White House economic adviser Kevin Hassett told Fox News Channel that Ackman should “ease off the rhetoric a little bit.”

He insisted that other countries, not the United States, are “going to bear the brunt of the tariffs.”

Billionaire Elon Musk, a top adviser to Trump on overhauling the federal government, expressed skepticism about tariffs over the weekend. Musk has said that tariffs would drive up costs for Tesla, his electric automaker.

“I hope it is agreed that both Europe and the United States should move ideally in my view to a zero tariff situation, effectively creating a free trade zone between Europe and North America,” Musk said in a video conference with Italian politicians.

He added, “That certainly has been my advice to the president.”

Navarro later told Fox News that Musk “doesn’t understand” the situation.

“He sells cars,” Navarro said. “That’s what he does.” He added that, “He’s simply protecting his own interests as any business person would do.”

Associated Press writer Mari Yamaguchi contributed from Tokyo.

The post Trump threatens more tariffs on China as global markets plunge appeared first on The Hemet & San Jacinto Chronicle.

WASHINGTON (AP) — As President Joe Biden embarks for Asia on Thursday, he’s facing a new risk at home for the economy and his Democratic Party: a global slowdown caused by Russia’s invasion of Ukraine and the pandemic shutting down Chinese cities and factories.

The world economy can’t cast U.S. ballots. But it’s a hidden force in this year’s midterm elections and could influence whether Democrats retain control of the House and Senate.

It’s an additional challenge that highlights the steep climb for Biden, whose approval ratings have plunged as prices for everyday goods in the U.S. have soared.

Several economists said they think the U.S. is insulated from the rising energy costs that threaten Europe and from China’s decline in industrial output. But there are clear spillovers as high gasoline prices continue to weigh on voters’ minds and bank accounts.

Federal officials acknowledge that global events might make it harder for inflation to fall from near 40-year highs to levels that would assure the American public. Treasury Secretary Janet Yellen said Wednesday in Germany that she believes the strong job market means the U.S. can avoid the downturn being seen around the world.

“We have a great deal of economic momentum in the United States,” Yellen said. “But you know, this is an environment that is filled with risks, both with respect to inflation and also potential slowdowns.”

Yellen’s successor as chair of the Federal Reserve, Jerome Powell, said in a radio interview for Marketplace last week that the central bank’s ability to lower inflation while keeping the economy going could depend on what happens globally.

“There are huge events, geopolitical events going on around the world that are going to play a very important role in the economy in the next year or so,” Powell said. “So the question whether we can execute a soft landing or not, it may actually depend on factors that we don’t control.”

What’s clear is that foreign affairs and geopolitics have returned as issues that could shape the opinions of U.S. voters.

Even as the midterm races intensify, Biden is devoting his time to other world leaders — and not just Russian President Vladimir Putin and his attack on Ukraine. Biden’s trip to South Korea and Japan follows recent meetings with the heads of Italy, Greece and the members of the Association of Southeast Asian Nations. He is also meeting with the leaders of Finland and Sweden, who are seeking NATO membership, before he departs for Asia.

“Yes, geopolitics will matter for U.S. elections again,” said Doug Elmendorf, dean of Harvard University’s Kennedy School of Government and a former director of the Congressional Budget Office. “Terrorists and terrorist states have been potent, China is not becoming that much like us, and Putin has gone to war.”

Elmendorf noted that upheavals worldwide are expressing themselves in higher energy costs, efforts to bring home supply chains from abroad and increased spending on national security, all of which can “crowd out social spending and raise government borrowing.” That possibility could in some ways challenge Biden’s promises to lower inflation, trim the national deficit and boost spending on health care, children and education.

Robin Brooks, chief economist at the Institute for International Finance, has said that the European Union appears headed for recession as energy costs have climbed because of the war in Ukraine. Manufacturing output is stalling in China after coronavirus lockdowns, creating additional supply chain challenges for economies that rely on Chinese goods.

“The U.S. has some major advantages compared to the rest of the world,” Brooks said. “The biggest advantage has been the fact that it is a long way from Ukraine, unlike Western Europe where we now forecast recession for the Euro zone.”

Brooks added that the U.S. is also a leading oil and agricultural producer, so higher prices that are hurting Europe could actually help parts of the U.S. economy.

That’s in no way guaranteed. The aftershocks from Europe could, for instance, limit Biden’s ability to deal with inflation.

Fed Chair Powell has said there is little the U.S. central bank can do to address higher oil, food and commodity prices that are tied to geopolitics. Federal Reserve policies such as hiking interest rates or reducing the Fed’s balance sheets have little no impact on restarting shuttered factories abroad or generating more natural gas and oil production overseas. That complicates the administration’s message about the Fed’s ability to contain inflation that has become a leading worry for U.S. voters.

“Our tools don’t really work on supply shocks,” Powell said this month.

Adam Posen, president of the Peterson Institute for International Economics, said he expects the U.S. to be largely sheltered from Europe’s woes, though he sees major risks to growth as coming from U.S. politics.

He said Biden could take steps to improve the U.S. economy and fight inflation by reducing the tariffs imposed during the administration of Donald Trump and by expanding legal immigration. Those are politically controversial moves that Biden has been hesitant to take, actions that could alienate labor unions and some voters.

“We have an unreliable budget process and an inability to raise taxes, which contributes to inflation and volatility,” Posen said in an email. “We also have a hostile approach to trade and immigration because the Dems have mistakenly become convinced this is how they will win back Joe Sixpack, and the Republicans actually believe (wrongly) that foreigners and their products are dangerous.”

Find your latest news here at the Hemet & San Jacinto Chronicle

The post Biden’s burdens grow: Sagging global economy adds to US woes appeared first on The Hemet & San Jacinto Chronicle.

#1. Easier Money Than Ever We saw central banks plunging back into printing money during the global pandemic while interest rates hit record lows. We soon saw some of the easiest financial conditions in history, which unleashed a craze of speculative investments, leaving analysts concerned about moral hazards ahead. These new central bank policies will be difficult to reverse, especially if labor markets stay fractured. History has shown us that pandemic depressed interest rates stay that way for a long time.

#2. Credit and Debt As tens of millions of people filed for unemployment in the U.S., more than 100 million jobs were lost in India alone; it became evident that global economies were suffering. As people worldwide struggled to stay financially afloat, credit cards became lifelines. It wasn’t just individuals who were forced to depend on credit, however, there has also been a surge in corporate debt levels around the world as COVID brought a record $1 trillion of new global corporate debt in 2020 as revenues plunged in various industries because of lockdowns, travel restrictions and consumer caution.

#3. Work-From-Home Economy Stay-at-home orders forced the world to shift to a work-from-home model. The global economy is now adapting to a WFH model as it becomes more apparent that WFH is not going anywhere anytime soon. In fact, 65 percent of survey respondents report a desire to work from home full-time post-pandemic. We also saw a lot of economies adapting their own versions of Germany’s Kurzarbeit, or short work subsidy program. This policy allows workers to stay employed at reduced hours and pay while the government compensates for some shortfalls in wages. These policies allow workers and employers to continue their match, better preparing the economy for a quick recovery. We didn’t just shift to working from home, however. We shifted to doing everything from home including exercising. We also saw a spike in digital transactions, like Venmo, PayPal, and Apple Pay as people could no longer make payments in person due to restrictions. These two changes can lead to bigger things for cryptos.

#4. Stock Market Volatility During the pandemic, the global stock markets suffered dramatic falls with the Dow Jones reported its largest-ever single-day fall of almost 3,000 points on March 16, 2020—beating its previous record of 2,300 points that was set only four days earlier. The pandemic also had a devastating impact on many employees’ retirement plans, whether they lost their jobs and employer-sponsored 401K accounts or were victims of pay cuts that limit employee’s abilities to contribute to retirement plans. We have also seen employers reduce or eliminate their matching contribution.

#5. Rise of the Robots As the global pandemic triggered new concerns about face-to-face contact in industries where social distancing may be difficult, for example, retail and hospitality, robots may be the answer. Robots don’t have to wear masks, they can be easily disinfected, and, best of all, they don’t get sick. What’s more, research suggests that automation often gains ground when there is a recession. During the pandemic, we saw companies speed up work on machines that can check guests in to hotels, collect fees at toll booths and even pass out hand sanitizer in hospitals. These innovations will make economies more productive. But, on the downside, these innovations will also take jobs away from humans.

#6. Virus Screening and Testing Investments Major corporations have already started investing in virus screening and testing, and this will continue, likely in perpetuity. Virus screening will likely become a routine part of life, similar to how airport security became routine after the September 11, 2001 terror attacks. Companies must make an investment in the infrastructure necessary for detecting viral outbreaks. Investments like this can protect economies in case we find out that COVID-19 immunity is temporary.

#7. E-Commerce Over Everything During the lockdown orders and quarantine, the world depended on eCommerce more than ever as worldwide e-commerce sales approach the $5 trillion mark. Statistics show that retail eCommerce sales grew 27.6 percent in 2020 after being projected to decline 16.5 percent mid-pandemic. From ordering takeout online, hand sanitizer and toilet paper on Amazon, or a new pair of pajamas or something to keep the kids entertained, Ecommerce was there when brick and mortar shops were forced to close, either temporarily for lockdowns and quarantines or permanently. Even after restrictions are lifted, most consumers will continue their online spending shift. A survey found 26 percent of consumers plan to shop more online at non-grocery retailers once the pandemic ends, while only 16 percent plan to shop more in stores.

#8 A De-Globalized Economy Pre-COVID, it felt as if the world was getting smaller and smaller with globalization. COVID-19 stopped that in its tracks and shifted to de-globalization and a focus on local goods. As economic difficulties mount, we are seeing a boom in nationalism and “my nation first” politics that are pushing companies to localize business operations that favor national and regional supply chains.

#9. A Green Economy Pre-pandemic interest in green economies was reserved mostly for environmentalists. But when COVID hit, and we saw planes grounded and historically low traffic levels from people staying home, air quality improved in many cities and water pollution in different parts of the world was reduced. This led many major governments from California to the U.K. to pledge to ban the sale of new gasoline and diesel cars by the year 2035. This will undoubtedly shift car manufacturers to focus on electric cars, and we will see investors mimic that shift and turn to green energy. Joe Biden has also rejoined the Paris Climate Agreement, further proving the world’s renewed focus on the environment.

EINPresswire.com

Find your latest news here at the Hemet & San Jacinto Chronicle

The post 9 Ways COVID-19 Changed the Global Economy appeared first on The Hemet & San Jacinto Chronicle.

The Global Economy is headed into a slowdown and I, like many, believe a recession is in progress but unconfirmed.  Over the last few months, I have discussed data that points to this and provide recommendations. True, that some but not all data have not confirmed this yet.  Recently, in addition to the inverted treasury yield curve, is the U.S. PMI has dropped below 50 this month from 50.4 in July to below 50. This is low since 2012.  Despite this and the volatility whipsaw of the markets, there are reasons to be optimistic.  

First, don’t panic, and here are a few things not to do.  It is during these cycles that clients and humans, in general, will find themselves checking their accounts more often.  A lot more often. Also, there will be an urge to become emotional and to start making decisions on when to sell or to second guess a portfolio’s strategy.  Here is some advice. Do not check your account unless planned for by a strategy. You do not need the stress and, in the scheme of life, this volatility is for the short term.  Do not be the culprit sung about by the Police in “Every Breath You Take” and let this market consume your thoughts.  

Over 2019 and 2020, more news and data points will confirm the slowdown and a small Recession for the United States and the larger global recession.  This news will be lagging and will come out after it occurred and confirmed, with data released month(s) after it occurred. The good news here is that historically a recession has been overdue and to check it off the list would allow the economy, corporations and our portfolios to continue to grow.  In other words, the system needs one to be healthy. Typically, history has dictated one recession every decade. Since the last recession in 2008, the U.S. economy has expanded very, very slowly. Inflation seems not to have grown at all. With what strengths the U.S. economy has, such as a shortage in housing, all-time unemployment lows, and global strength, it is poised to remain and strengthen as the world economic leader.  This bodes well for the U.S. economy, corporations and of course you.   

Remaining cautious during this time frame, keep your powder dry, and do not let the news consume “Every Breath You Take.”  Prepare your portfolio to weather the volatility and position to add to your portfolio at a discounted price. I always say, have a plan on what to buy and at what cost if it were on sale.  If you have identified these ingredients, then you will have a recipe for success. Stay the course with your plan, review how you have performed, and make adjustments as necessary.  

If you have questions on a particular company or investment and would like our feedback, contact us at my email below.  Our team will research and respond to you with our recommendation and opinion.    

Andrew F. Kotyuk, CIMA* is CEO and Principal of Alpha Wealth Management LLC

For questions or investment topics, please email me afkotyuk@alpha-wealth.com.

Find your latest news here at the Hemet & San Jacinto Chronicle

Search: Every breath you take

The post EVERY BREATH YOU TAKE appeared first on The Hemet & San Jacinto Chronicle.