SMART MONEY GROUP

[ClarkKant]

What kills me is that it's been known for a week or more that this tariff on China was coming and then all of a sudden when it comes today, everyone freaks the hell out like it's new news.

I have gold/silver off and on, but always have safe havens like healthcare because everyone needs it, regardless of the economic climate. I would not be surprised if the markets open up -150pts tomorrow and everyone starts putting their $$ into sectors like healthcare, precious metals and pharms.

Retailers are going to be hit hardest over time. Steel and the auto industry first come to mind as being hardest hit along with manufacturing obviously.

Either way, we will pay more for some consumer goods. There goes your tax cut. :)