Chaos has ensued in the financial markets following President Trump’s surprise “Liberation Day” tariff announcement—something no one had priced in or planned for. I walk you through what actually happened during the speech, why the markets initially rose and then collapsed, and how this unconventional tariff policy based on trade deficits, not reciprocal rates, led to a full-blown market rout. You’ll learn how the tariff formula differs from economic norms, how it impacts corporate earnings—especially for tech giants like Apple—and what it all means for investors moving forward. Despite the volatility, I explain why now may be a time to stay the course (or even invest more strategically) if you have a long-term financial plan. Watch this video to gain insight, context, and a sense of direction during one of the most unpredictable turns in recent market history. Links for a good read: https://www.cnbc.com/2025/04/04/trumps-tariff-rates-for-other-countries-larger-than-word-trade-data.html https://awealthofcommonsense.com/2025/04/a-short-history-of-tariffs/ #Tariffs #MarketVolatility #LiberationDay About Chris Perras, CFA®, CLU®, ChFC®, Chief Investment Officer: As CIO, Chris is the lead investment strategist and director of research at Oak Harvest Financial Group. Chris develops the firm's core market outlook, putting his decades of experience and expertise to work for our clients. He hosts Oak Harvest's podcast, "Stock Talk," available on the website with new episodes each week. He completed his undergraduate studies at Georgia Tech, and went on to obtain an MBA from the Harvard Business School. Driven by a desire to maximize his knowledge and skill set, he acquired financial planning and investment management qualifications, becoming a Chartered Life Underwriter (CLU®), a Chartered Financial Consultant (ChFC®), and a Chartered Financial Analyst (CFA®). Stock Talk is a weekly vlog/podcast dedicated to discussing the Oak Harvest Financial Group Investment Team's perspective on what's happening in the market. Hosted by Chief Investment Officer Chris Perras, each episode brings you our views on stocks, the market, and the economy — with a little education thrown in for good measure. Listen each week and help stay connected to your money! Do you need a retirement plan that goes beyond allocating funds to truly fit your needs? We can help you create a retirement life plan customized for your retirement vision and legacy. Call us at 877-896-0040 @or fill out this form for a free consultation: https://click2retire.com/Connect Important disclosures: Content of Oak Harvest podcasts expresses the views of the speaker and is for informational purposes only. Oak Harvest believes that any data, articles, or information cited are reliable at the time of creation, but does not warrant any information contained herein to be correct, complete, accurate, or timely. References to third-party analysts should not be seen as an endorsement of their views or recommendations, and you should do your own research before investing. The views and opinions expressed herein may change without notice. Strategies and ideas discussed may not be right for you, and nothing in this podcast constitutes personalized investment, tax or legal advice, or an offer or solicitation to buy or sell securities. Indexes such as the S&P 500 are not available for direct investment and your investment results may differ when compared to an index. Any specific portfolio actions or strategies discussed will not apply to all client portfolios. Investing involves the risk of loss, and past performance is not indicative of future results.
