The US stock market took a hit on Friday as economic clouds and tariff threats from President Donald Trump gathered. However, some investors believe it’s not time to panic.
According to Eric Diton, president and managing director of The Wealth Alliance, “Every dip has its day, and the market always finds a way to rise above the noise.” This sentiment is echoed by the market’s performance in recent months, where trade fears have been largely shrugged off as investors have seen stocks power higher.
While it’s understandable to worry about the current economic climate, some experts say it’s premature to assume this time will be different. With the market entering a historically rocky stretch from August to October, it remains to be seen whether the current volatility is a sign of deeper issues or just a normal fluctuation.
Source: https://www.marketwatch.com/story/stocks-get-hit-as-economic-clouds-tariffs-gatheredbut-history-suggests-its-too-soon-to-panic-3b0e0106