How America’s Wealthy Are Positioning Themselves During the Market Turmoil - WSJ


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Wealthy Americans' Reactions to Market Turmoil

The article illustrates how wealthy Americans are responding to recent market volatility stemming from President Trump's trade policies. It features examples of different investment strategies employed by individuals across various locations in the United States.

Key Responses:

  • Selling Stocks: Chris Ciunci, in Warwick, R.I., sold a significant number of Nike shares.
  • Buying on Dips: Ken Wagnon, in Wichita, Kan., took a contrarian approach, purchasing stocks during market downturns.
  • Cautious Observation: Doug Johnson, outside Denver, reviewed his portfolio but remained focused on other life plans such as family vacations.

Market Impact:

The tumultuous market, influenced by the Trump administration's tariffs, resulted in a substantial loss of trillions of dollars in U.S. stock markets. The sell-off of long-term Treasuries is noted as a particularly concerning factor for analysts and investors, challenging the traditional safe-haven status of these bonds during times of economic uncertainty.

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In Warwick, R.I., Chris Ciunci sold more than 800 shares of Nike. In Wichita, Kan., Ken Wagnon bought on the dips. Outside Denver, Doug Johnson checked his portfolio, then went back to researching family-vacation options.

President Trump’s sweeping tariff plans, their sudden pause and his escalating trade war with China have turned the market into a rollercoaster. During the past several days, U.S. stock markets lost a stunning $7.7 trillion, then climbed sharply before retreating again Thursday. A steep selloff of long-term Treasurys especially alarmed analysts and investors, because the government bonds have traditionally provided an investing haven in times of upheaval.

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