Here is SMI's Money Roundup for this (rather unsettling!) week. We hope you find these articles to be interesting and helpful.
The psychology of investing #9: Don't just do something, sit there (Safal Niveshak). "If there's one thing the stock market is good at, it's making us restless."
Trump tariffs aim to bring down curtain on era of globalization (Wall Street Journal). "Untangling the world's supply chains and relocating to the U.S. in the way Trump wants is a daunting task."
Visualized: Trump's reciprocal tariffs on major nations (Visual Capitalist). Worth noting: Some goods will not be subject to tariffs, including steel, lumber materials, and semiconductors.
Labor market adds 228,000 jobs in March, beating expectations (Washington Post via MSN). "Expert" predictions turned out to be significantly wrong.
The two most dangerous words in investing (Joe Wiggins, Behavioural Investment). If you start hearing either of these words regularly, market sentiment has likely reached an extreme.
ETF frenzy hits fever pitch with 1,000 new launches forecast for 2025 (Bloomberg via InvestmentNews). Exchange-traded funds have been "attracting massive amounts of cash from institutional and retail investors alike, mostly at the expense of [traditional] mutual funds."
How do credit card companies make money? (Ramit Sethi, I Will Teach You to Be Rich). "Their revenue strategy depends on consumers making poor financial decisions."
Went to an estate sale today (Eric Pacifi, via X). "Crazy how much time we spend chasing material possessions, curating our homes, acquiring things, acting like we're going to live forever."
4 non-financial moves that can benefit your financial future (Art Rainer via FaithFi). Don't overlook the potential financial impact of lifestyle choices related to your health.
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