The Federal Reserve’s first set of projections since Donald Trump’s inauguration underscored—in the central bank’s understated and technocratic fashion—just how much the president’s plans to press ahead with widespread tariffs have turned the economic outlook on its head.
Months ago, policymakers presumed they would spend 2025 gradually cutting rates to keep inflation heading down without a big rise in joblessness to achieve the so-called soft landing. The latest projections point to the prospect that tariffs covering a swath of goods and materials will send up prices while sapping investment, sentiment and growth, at least in the short run...
gfp: You should go 100% to cash and Treasuries. Let Buffett be your guide. While he sits tight you should follow his example. When he starts buying then that will be your signal to start moving to equities. Buffett always trumpets when he's a big buyer after a correction. He isn't sitting on $325 Billion for nothing. Fluctuating your portfolio up and down by small increments is more trouble than it's worth. Stay safe on the sidelines. Collect the 4-5% Sleep easy. Wait until there is blood in the streets. Then pounce like a Buffett.