The Globe and Mail reports in its Saturday edition that a sense of Trump exhaustion is setting in. The Globe's Tim Shufelt writes that we just had the fourth most volatile week for stocks in the past 60 years, thanks to America's senseless global trade war. What was the net effect of all that on the stock market? Nil. The S&P/TSX Composite Index has been flat from mid-September to last week's close. Investors who tuned out and did nothing over that time would be no worse off. Had you hung on Mr. Trump's every whim, you'd be far more likely to make a serious mistake that puts your financial health at risk. Fear is an intoxicant. Perpetual outrage is not sustainable. By all means, change the channel on this dreadful psychodrama, or at least turn down the volume. You will be saner and quite possibly richer for it. We are only 90 days into the presidential term. There are good reasons to unfollow Trump in the 1,370 days left in his bewildering reign. Research shows that those who follow their portfolios religiously do not do as well. One often-cited (though possibly apocryphal) Fidelity study found that the best-performing investors over a 10-year period were those who either forgot they had accounts, or were dead.
© 2025 Canjex Publishing Ltd. All rights reserved.