As tariffs moved from threats to reality, the markets reacted swiftly, giving back all of the gains since Election Day and then some. But tariffs are just one of the concerns for companies and investors alike. Kevin Gordon, director and senior investment strategist with the Schwab Center for Financial Research, joins host Mike Townsend to dive into the current state of the markets amid growing uncertainty due to tariffs and their inflationary effects, the implications of immigration policy on the labor market and economic growth, the impact of federal workforce changes and the spillover to local governments, the increasing risks of a recession, and the daunting challenges facing the Fed as it works to balance maximum employment and price stability within a rapidly changing policy landscape. And Kevin shares thoughts on what to focus on when considering what types of companies belong in a portfolio.
Mike offers insights on the ongoing struggle in Congress to avoid a government shutdown, new government policies on crypto currency including the creation of a Strategic Bitcoin Reserve, and the latest on the efforts on Capitol Hill to craft a massive legislative package to implement the president’s policy agenda.
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Cryptocurrency-related products carry a substantial level of risk and are not suitable for all investors. Investments in cryptocurrencies are relatively new, highly speculative, and may be subject to extreme price volatility, illiquidity, and increased risk of loss, including your entire investment in the fund. Spot markets on which cryptocurrencies trade are relatively new and largely unregulated, and therefore, may be more exposed to fraud and security breaches than established, regulated exchanges for other financial assets or instruments. Some cryptocurrency-related products use futures contracts to attempt to duplicate the performance of an investment in crypt…
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