Kevin Mann

We remember during the initial tariff in 2025 through April 8th, the markets were down roughly 15 percent.

And if investors had fled the markets then and gone to the sidelines, they would have missed a run up of roughly 39 percent for the S&P 500 from April 8th through the end of the year.

Let this serve as a reminder that 2026 is going to be a much more challenging year for investors in the markets worldwide.

But if we learned anything from 2025, that's not to overreact to the threat of terrorists.

We remember during the initial tariff in 2025, through April 8th, the markets were down roughly 15%.

And if investors had fled the markets then and gone to the sidelines, they would have missed a run-up of roughly 39% for the S&P 500 from April 8th through the end of the year.

Let this serve as a reminder that 2026 is going to be a much more challenging year for investors in the markets worldwide.

But if we learned anything from 2025, that's not to overreact to the threat of tariffs.

Time will tell exactly what happens with tariffs and trades 2.0, what the Supreme Court will decide.

But what we do know is that trying to time the market is often an exercise in futility.

And I do think regardless of the outcome of tariffs and trade 2.0, there are many other opportunities for investors to consider if they only follow where all the money is going to be spent in the new year.