Free Republic

The president’s aides insist the fallout will be short and ultimately result in a better economy, as economists warn of higher inflation and slower growth.In the weeks leading up to his expansive global tariffs, President Trump and his top aides tried to prime the public for economic pain. They warned that while there would be fallout from their aggressive trade strategy, it would prove short-lived and benefit the economy in the long run. Investors, businesses and others made clear on Thursday that the U.S. economy was not ready to accept that approach. Global markets tumbled, economists warned of a possible...

It's now taken as gospel that buy-and-hold investing is dead. But on those rare occasions when an idea of mine is actually working, the best thing I can do is simply stay out of the way. Letting your winners run isn't a stock tip – it's a time-tested technique. But for most people, investing comes solely down to making transactions. They manage their portfolio like they shop at the Gap ( GPS ) : impulsively buying new outfits while absentmindedly tossing out the old. Making money is an afterthought. They just want to acquire something new.But it's not true that...