NEPC’s Jennifer Appel was recently quoted in a Wall Street Journal article where she shared her advice to clients amid Trump’s recent tariff developments. View excerpts below or read the full article on the Wall Street Journal site here.
“Stocks fell Friday after a mixed jobs report showed the economy added 143,000 roles in January, slightly lower than forecast.
Adding to stock investors’ nerves, President Trump said Friday afternoon at a meeting with Japanese Prime Minister Shigeru Ishiba that the U.S. will announce reciprocal tariffs on unspecified countries next week. Analysts have warned that tariffs could push inflation higher, and in turn keep long-awaited rate cuts on the backburner for longer.”
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Jennifer Appel, senior investment director at investment consulting firm NEPC, says she has advised clients to refrain from making rash trading decisions based on the rapid developments in Trump’s tariffs moves.
“There’s just been so much noise,” said Appel. “If investors try to get too cute with their portfolios or how they’re thinking about things, [they] might be making the wrong calls.”
Click here to read the full article on the Wall Street Journal site.