RZH Insights – The Market Does Not Wait For Certainty
Yesterday, in just 35 minutes, the S&P 500 launched upward 8.5%.1 This was one of the most rapid moves in recent memory. This aggressive turnaround was ignited simply by a rumor that President Trump may delay the implementation of new tariffs by 90 days.2
The fact that markets reacted so sharply – based solely on unconfirmed speculation – underscores just how sensitive investors are to ongoing trade policy developments. Had these rumors been confirmed rather than dismissed, it’s likely the rally would have continued higher.
This is a powerful reminder of why staying invested is so critical, and how attempting to time the markets can quickly prove detrimental. Historically, some of the market’s largest gains have come immediately after its steepest declines.
Selling and “waiting for the dust to settle” can often leave you “sitting in the dust”.
As always, we’re here to answer any questions and to discuss how your portfolio is positioned to weather this storm.
Best Regards,
Brendan McEwan, CFP®, CIMA®
Senior Financial Advisor
[1] Yahoo.com/finance. S&P 500 Index as measured from 9:42am to 10:17am on April 7, 2025.
[2] “White House shoots down rumors of 90-day tariff pause as Trump allies brush off recession fears”. Canal, Alexandra. Yahoo Finance. April 7, 2025.