This article provides comprehensive financial advice on how to 'Trump-proof' investments and household finances amidst market swings fueled by Donald Trump's policies, particularly his trade war. It discusses strategies like the 'TACO trade' for profiting from market rebounds, and offers expert guidance on diversifying portfolios by considering European and Canadian stocks, buying bonds, and investing in gold. It strongly advises against cryptocurrency due to its inherent volatility, despite Trump's public support for it. The article also briefly touches on other current news, including the Bank of Canada's recent rate hold and Ontario's controversial Bill 5.
Morning Update: How to Trump-proof your finances
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TL;DR: Key points with love ❤️This article provides comprehensive financial advice on how to 'Trump-proof' investments and household finances amidst market swings fueled by Donald Trump's policies, particularly his trade war. It discusses strategies like the 'TACO trade' for profiting from market rebounds, and offers expert guidance on diversifying portfolios by considering European and Canadian stocks, buying bonds, and investing in gold. It strongly advises against cryptocurrency due to its inherent volatility, despite Trump's public support for it. The article also briefly touches on other current news, including the Bank of Canada's recent rate hold and Ontario's controversial Bill 5.
Trending- 1 2010: US stocks represented 48% of the MSCI World index.
- 2 20 months ago: Investors began to be bullish on bullion (gold).
- 3 January (current year): Bitcoin soared to a record high when Trump took office; Trump launched his own meme coin, $TRUMP.
- 4 Yesterday: The U.S. ambassador to NATO spoke in Brussels; Donald Trump warned that Russia planned to retaliate against Ukraine.
- 5 Today: The Bank of Canada held its interest rate steady at 2.75%.
- 6 Today: The U.S.-backed Gaza Humanitarian Foundation gave out no aid.
- 7 Today: Doug Ford’s government in Ontario gave itself sweeping powers to fast-track development.
- 8 Today: A lawsuit accused Popeyes of buying rotten chicken from an unauthorized seller.
- Investors adopting new financial strategies to mitigate political risk
- Potential shifts in investment flows towards European and Canadian markets, and gold
- Ongoing market volatility influenced by political decisions
- Public discussion on economic policy and personal finance resilience
What: Financial advice and strategies for investors and households to manage their finances in response to market volatility caused by Donald Trump's policies, especially his trade war.
When: Today (headlines); Yesterday (NATO meeting); 2025 (European stocks hot trade); 2010 (MSCI World index data); 20 months ago (gold bullish trend started); January (Bitcoin soared when Trump took office).
Where: United States; Canada; Europe; Germany; Pittsburgh; Brussels; Ukraine; Russia; Ontario.
Why: To help individuals protect and grow their wealth amidst the unpredictable economic and trade policies of the Trump administration.
How: By providing expert advice on investment diversification (stocks, bonds, gold), risk management, and avoiding highly volatile assets like cryptocurrency.