Jason Katz, Managing Director of Katj Wealth Management in UBS Financial Services, shared how he is advising customers in this market to uncertain tariff spikes as uncertainty.
Investors filled the stock market with S&P 500 this week, widespread measures of equity, drowning in the improvement area by the ongoing tariff push of President Trump’s Canada and Mexico, putting the European Union in notice with a potential 200% alcohol tariff.
| Langer | Security | Last | Change | Change % |
|---|---|---|---|---|
| Me: DJI | Dow jones average | 41488.19 | +674.62 |
+1.65% |
| SP500 | S&P 500 | 5638.94 | +117.42 |
+2.13% |
| I: Comp | Nasdac overall index | 17754.08602 | +451.07 |
+2.61% |
All three major American benchmarks on Friday saw concrete benefits, with the Dow Jones Industrial Average 1.6%, While S&P 500 And the Nasdaq composite increased by more than 2%.
Why some business owners are surprised by Trump’s tariff
Nevertheless, for the week, Dow lost 3%, while S&P 500 and Nasdaq Composite fell more than 2%.
Trump threatens 200% tariff on European Union liquor
At the same time, Gold, a safe shelter, crossed $ 3,000 The first time before pulling back as a fear of recession.
| Langer | Security | Last | Change | Change % |
|---|---|---|---|---|
| GLD | SPDR Gold Share Trust – USD ACC | 275.23 | +0.15 |
+0.05% |
Jason Katz, Managing Director of Katz Wealth Management in UBS Financial Services, is asking his customers to hang tightly and keep their political views, whatever they are, on one side.
“Take a deep breath, this is not our first rhodio. Customers have been with me in five, ten, 20 and some cases,” he told Fox Business. “If you are diverse, it’s not so bad, literally look at your portfolio, look at your bond shares,” he advised, “he advised, is positive with about 1.5%bond in a year keeping in mind the average 60/40 portfolio (60-stock/40-bond).
,The recession is usually not caused by tariffs, rather exclusive events, and prematurely to use the word recession, “he said.” I hope to see more supporters-development policies in the latter half of the year, “he said.
President Donald Trump climbs one at the White House in Washington, DC on March 7, 2025 in South Lawn. (Kayla Bartkovski / Getty Image / Getty Images)
In the last weekend, Trump was asked about the recession ability.
“This is the duration of infection, because what we are doing is very big. We are bringing back the money to America,” Trump told Fox Business’ Maria Bartiromo ‘Sunday morning futures.’
Commerce Secretary Howard Lootnik During the shooting of the recession, he defended Trump’s strategy to bring back “Fair Trade and Recipious Trade” on Friday to promote steel, aluminum, copper, automobile, semiconductor, pharmaceuticals and wood.
US Commerce Secretary Howard Lutnik spoke on mutual tariffs, trade deficit, American manufacturing, auto production and macroeconomy in a comprehensive interview with Fox Business’ Maria Bartiromo.
“In the fourth quarter of 2025, the economy has been lukewarm,” he said while talking with Bartiromo.
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The Federal Reserve will release its march decision on interest rates on Wednesday. As CME’s fedwatch toolWhich tracks the possibility of rate move, 99% market participants hope that the rates will remain unchanged from 4.25% to 4.50%. The next rate cut may come in early June, shows the tool, and perhaps a second in July.
