RE: At best we are only going to be 55p down > at worst >> £1.504 Mar 2025 14:00
Unfortunately the reality is that now, nobody knows.
History hasn't happened like it is today.
tariff's purely provide money to the government which idiot will use to fund his tax cuts for his pals, and the minor tax cuts for the american people, but the tax cuts for normal every day american people are no different to today, so they will get nothing extra apart from the continuation of the tax cut they already are getting.
But, on the opposite side of the equation will be increase in prices, which will drive up inflation. As inflation drives up, sentiment drops, and also the inflation will eventually drive higher interest rates.
I've now set myself a total limit drop, if I get to that, I'm selling all of my holdings and sitting out buying funds that deal with bonds only.
The last time something similar like this happened was 1920's, ironically after the Spanish Flu......
So we had Covid - 1915-1919 they had Spanish Flu.
Early to Mid 1920's they increased Tariff's......
What happened next...................
The US went into the Great Depression.........
So everything that happened 100 years ago is repeating itself, but with the added debarkles of Ukraine, Trumpism, UK/France trying to now be the heroes etc. etc. etc.
The point.............
When the stock market crashed, it wiped 90% off all monies and took 15+ years to recover, and ironically we then had a world war.......
Does anyone notice any similarities between then and now.!!!!!
If my total pot drops by a further 10%, then I'm out until the world resettles......or maybe.... forever.! LOL.....
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