ilmscore | Stocks Fall Further: The US & Canada Trade War Just Went Wild

Predictions from this Video

Total: 15
Correct: 0
Incorrect: 0
Pending: 15
Unrated: 0
Prediction
Topic
Status
The stock market is expected to fall if tariffs are still raised on Canada.
"Trump responded by saying thank you but we might still raise tariffs on Canada which then caused the stock market to fall again"
US-Canada Trade Relations
Pending
China imposed a 15% tariff on US goods, including chicken and pork.
"China still responded with a 15% tariff on us Goods including chicken and pork"
US-China Trade Relations
Pending
Canada imposed a 25% tariff on up to $30 billion worth of American goods.
"Canada responded by imposing a 25% tariff Onan American Goods up to $30 billion worth of stuff"
US-Canada Trade Relations
Pending
A 25% electricity surcharge on the US by Canada could lead to a 25-50% reciprocal tariff increase on Canadian steel and aluminum by the US.
"then Canada came out and they announced this electricity SE charge on the United States which would include States like Michigan and New York and Minnesota and when this electricity sear charge of 25% was announced that was when Trump announced with reciprocal tariffs again on Canada saying if you put this electricity search charge on us we are going to raise tariffs on Canadian steel and aluminum by 25 to 50% on top of what we have now"
US-Canada Trade Relations
Pending
If US actions continue to harm Canadian families, Canada might use electricity shut-off as a tool.
"He said quote is a shut off a tool in a toolkit 100% And if he Trump continues to hurt Canadian families I won't hesitate to do that"
US-Canada Trade Relations
Pending
Canada decided to remove the 25% electricity surcharge on the United States.
"well then Canada had some discussions with the United States and Canada came out around Market close time and said that we are not going to continue with this electricity SE charge on the United States so they essentially removed that additional 25% fee that Americans would have to pay on electricity"
US-Canada Trade Relations
Pending
The stock market fell again due to the possibility of the US still raising tariffs on Canada.
"and then Trump was asked what does this mean for you and tariffs and he said well we might still raise tariffs on Canada and that was why we saw the stock market Fall Again"
US-Canada Trade Relations
Pending
For long-term investors (10+ years), daily stock market fluctuations are irrelevant.
"if you are a long-term investor meaning you have years if not a decade Plus in your investing Horizon the day-to-day swings don't matter"
Stock Market Investment Strategy
Pending
Common reactions during market downturns include claims of it being 'different', unlikely to recover, and the need to exit.
"every time we go through a downturn we hear the same things number one people say this time is different number two people say it's not going to recover and number three people say I need to get out while I still can"
Stock Market Investment Strategy
Pending
Financially savvy investors identify and capitalize on investment opportunities during market downturns by buying at discounted prices.
"the financially Savvy investors who cut through the emotion and found good investment opportunities were able to come in by great Investments at a discounted price"
Stock Market Investment Strategy
Pending
During stock market 'sales' (down days), people tend to panic and sell.
"when you see the stock market having a sale when you when you see the stock market having a down day people panic they freak out and they run away"
Stock Market Investment Strategy
Pending
For passive investors who believe in the long-term economy, daily market movements are insignificant.
"if you believe in the long-term health of the economy especially as a passive investor what's happening in the dayto day does not matter"
Stock Market Investment Strategy
Pending
The American economy's markets have historically shown a pattern of ups and downs.
"if you are investing in the American economy what we've seen is that time and time again we have seen markets go up and down"
US Economy
Pending
Market crashes and recessions are opportune times for financially savvy individuals to acquire great investments at discounted prices, potentially leading to wealth creation.
"Recessions and Market crashes create more millionaires than any other time because it's when the financially Savvy can go out find great Investments at a discounted price"
Stock Market Investment Strategy
Pending
The speaker made some of their best investments during market downturns in 2022, 2020 (pandemic crash), and 2008 (financial crisis).
"Some of the best investments that I've ever made came through the 2022 Market downturn the 2020 pandemic crash and the 2008 financial crisis"
Stock Market Investment Strategy
Pending