Ted Thatcher, President of Bright Lake Wealth Management, explains why the market bump could reverse course just as quickly.
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00:00So much of the last several weeks since Liberation Day on April 2nd has been uncertain.
00:08The market can't figure out what to expect. And really, what we've been looking for is pen to
00:15paper on these trade deals. We saw the first version of that get released with the Europe
00:21trade deal. And really, of course, the market is going to want to see these things in action.
00:27But I do think the market is getting a little bit more of the clarity that it's been looking for.
00:32And so I mean, is it too early? Sure, maybe it's not in practice yet. But the market is excited to
00:40see that a lot of the tensions are starting to ratchet down. That's exactly the kind of good
00:46news investors have been looking for. Is it too short term? Is the rally short term? You know,
00:52I think that it's going to come down to if we get, you know, the actual results to come through the
00:59good headlines. You know, of course, we've seen how volatile this trade discussion can be. You
01:07know, when the tariffs were announced, this big old toll booth got thrown into all the world trade
01:11routes. And then, you know, 48 hours later, it was removed. And we saw the market react to that.
01:18And so I would absolutely say that if for some reason tensions got ratcheted back up. Yeah,
01:25we might very well be in a in a negative downward market again. But the administration has seemed to
01:32listen to some of the signals the market is sending. And it's not been I don't think there's
01:37been any louder signal sent than, hey, we need the the talks to come to an end. Pen needs to come to
01:44paper. And again, you know, sure, maybe it's a little too soon. But I do think it's a very
01:50light at the end of the top, the tunnel optimistic circumstance.