TL;DR

Trump’s meeting with CEOs is a futile PR exercise as his trade war, reminiscent of past economic disasters, threatens a recession.

Story

Trump’s meeting with CEOs amidst market fears is like rearranging deck chairs on the Titanic. His trade war, built on tariffs (‣ Tariffs: Taxes on imported goods.), is backfiring spectacularly. Boycotts of American goods are spreading globally, reminiscent of past protectionist disasters. Like the Smoot-Hawley Act of 1930 (‣ Smoot-Hawley: A disastrous tariff that worsened the Great Depression.), Trump’s policies risk deepening a recession. His “America First” rhetoric isolates us, hurting industries like defense, where trust is paramount. CEOs, fearing Trump’s wrath, won’t challenge him, mirroring Enron’s culture of silence. (‣ Enron: A company whose fraudulent accounting led to its collapse.) This meeting won’t solve anything; it’s a PR stunt. Main Street, not Wall Street, will pay the price.

Advice

Diversify your investments globally. History shows trade wars hurt everyone.

Source

https://www.reddit.com/r/stocks/comments/1j8npg0/trump_meets_with_corporate_america_today_march/