Asoneyson Katz, CEO of Katz’s wealth management in UBS financial services, shares how he advises clients in this market climate as uncertainty about tariffs of instability.
Investors prevented major stock market changes this week with the S&P 500, the widest measure of capital, sinking into the territory of correction, caused by President Trump’s current tariff pressure against Canada and Mexico, while notifying the European Union with a potential alcohol tariff.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| Me: Dji | Dow onesons on average | 41488.19 | +674.62 |
+1.65% |
| SP500 | S&P 500 | 5638.94 | +117.42 |
+2.13% |
| I: com | Composite Nasdaq Index | 17754.08602 | +451.07 |
+2.61% |
All three of the US largest benchmarks on Friday solid winnings, with the industrial average of Dow Onesons increased by 1.6%, While S&P 500 And the Nasdaq composite has grown over 2%.
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However, for this week, Dau lost 3%, while the S&P 500 and Nasdaq composite fell over 2%.
Trump threatens 200% tariff for EU alcohol
At the same time, Gold, Safe Shelter, Cross 3,000 USD For the first time before he was withdrawn as the fears of the recession took place.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| Gld | SPDR Gold Shares Trust – USD ACC | 275.23 | +0.15 |
+0.05% |
Asoneyson Katz, CEO of Katz’s wealth management in UBS financial services, tells its clients to hang and put their political views, whatever they are, aside.
“Take a deep breath, this is not our first Rodeo. The clients were with me five, ten, 20 and, in some cases, 30 years, “he told Fox Business. “If you are diversified, not so bad, literally take a look at your portfolio, look at the bonds, look at your values of inventory,” he advises, noting that the average portfolio of 60/40 (60-acts/40-binders) is positive throughout the year with about 1.5%.
“The recession is generally not caused by tariffs, fairly exogenous events, and it is too early to use a recession, “he noted.” I expect to see more growth policies in the last half of the year, “he added.
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President Donald Trump walks through the southern lawn to climb Marin One at the White House on March 7, 2025, in Washington, DC (Kayla Bartkovski / Getty Pictures / Getty Pictures)
Last weekend, Trump was asked about the potential of the recession.
“This is a transition period, because what we do is very big. We are returning wealth to America, ” Trump told Fox Business Maria Bartomomo in “Sunday morning futures”.
Trade Secretary Howard Lunno He defended Trump’s tactics to return “fair trade and reciprocal trade” on Friday to strengthen steel, aluminum, copper, cars, semiconductors, pharmaceuticals and lumber, while overthrowing the recession conversation.
US Secretary of Trade Howard Latvno is talking about reciprocal tariffs, trade deficits, US production, automobile production and macroeconomics in a broad interview with Fox Business, Maria Bartoromo.
“In the fourth quarter of 2025, this economy will humming,” he said, speaking to Bartoromo.
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The Federal Reserve will announce their March interest rates on Wednesday. According to CME’s FedWatch toolWhat follows the probability of rate moves, 99% of market participants expect the rates to remain unchanged at 4.25% to 4.50%. The next rate reduction may come back in June, the tool shows, and perhaps a second in July.
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