With tariffs and trade policy back in the headlines under a new Trump administration, it’s worth revisiting what happened in 2018-2019.
During President Trump’s first term, the last trade war cycle brought significant volatility, with markets nearly falling into a bear market after the first escalation. Each new tariff announcement triggered sharp swings, and after two years of turbulence, the S&P 500 ended up essentially flat.
Now, similar noisy headlines are highlighting the probability of greater volatility in the coming years. No one knows exactly how this will play out, but history suggests the market could face another drawn-out, frustrating period. This is why we rely on our RiskFirst® approach-to navigate uncertainty with disciplined process.
Trump, Tariffs, and Turbulence
- We believe the preservation of capital is key to consistent, long-term investment success.
- Our investment approach is grounded in economic theory and backed by quantitative analysis.
- Managing drawdown risk is a pillar from which we build our portfolios.
60-Second Breakdown: February 24, 2025
Redwood Senior Analyst Michael C. Sasaki, CFA® discusses recent market performance and explains this week’s chart.
Best Invest Advise EVER!
Bryan Bourgeois, CEO/Founder of Shorebreak Capital, discusses why 90% of investors fail and how to avoid these common investment mistakes with Conner Small, Partner at Redwood Investment Management, Shorebreak Capital’s dedicated asset manager.
