Q1: How Trump’s trade war is impacting the stock market and the economy
Linda Garcia, Texas House Representative, author of Wealth Warrior: 8 Steps for Communities of Color to Conquer the Stock Market, and founder of In Luz We Trust, is dedicated to empowering BIPOC and Latinx communities through financial literacy. Her podcast, Investies, tackles real-money topics, demystifies investing, and explores crucial areas like the stock market, money management, and the impact of interest rates on personal finances. Linda’s work advocates for financial independence, championing equity and representation for all, especially immigrants and marginalized communities. As a financial feminist, she encourages listeners—regardless of political affiliation, be it Republican or Democrat—to take control of their financial futures. Through her podcast and advocacy, Linda tackles the intersection of financial education, the economy, and geopolitics, helping diverse communities build wealth and secure their place in today’s financial landscape.
Please note: we recorded this week’s episode on Monday, February 3. Today, Linda is explaining how Trump’s trade war with Canada and Mexico is affecting the stock market and the economy. The Dow, the SMP500, and the NASDAQ have all seen swings and drops following the announcement of the tariffs–and the stock market will continue to oscillate due to the instability of the news cycle. Economists are concerned about the possibility of an upcoming recession, due to the potential instability of the GDP, and upcoming contractions in American imports and exports. So, what do we do when things get unstable? We stay put! No sudden moves in your portfolio!
There are so many ways to make the stock market work for you as you gain more experience as an investor. If you have questions about different kinds of investing, please reach out! You can find us on Patreon, and submit questions without getting a membership (but we appreciate it if you do decide to invest in our show!). We love speaking with our listeners. Happy investing and happy trading!
Listen early and ad-free for $3/mo on Patreon
Here is our episode on the DJT stock
Here is an article about the latest inflation data from August
https://www.patreon.com/Investies
https://www.inluzwetrust.com/wealthwarriorbook
Produced by Cosmic Standard & In Luz We Trust
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