🎵 Here come all the emotions at the same time 🎶🎶

In situations like this, your nerves and your ability to keep a cool head are really put to the test. Even if we don't have all of our savings in the stock market, all of our savings that we have invested are on Nasdaq. I am fully aware of the risks we are taking and why, and even though it is turbulent right now, I truly believe it will pay off in the long run.

For example, we were and are very well aware that the current US President Donald Trump ran for election on a number of promises, such as tariffs and the deportation of illegal immigrants. Promises that the American people, given that he won both the popular vote and the electoral vote, want to see fulfilled. Complaining then is not okay, especially as a non-American. We could have sold everything and either waited out the trade war that everyone knew was coming or chosen other markets.

What I do hope for is that the Supreme Court upholds the 1930s court decision – “Humprey’s Executor” – which limited the president’s ability to fire independent agency officials on political grounds. Firing Jerome Powell now would likely plunge America into an even deeper recession than the one that is likely already underway. Personally, I think the best thing for President Trump is for Jerome Powell to remain as chairman until his term ends in May next year.

This way, President Trump will be able to use Jerome Powell as a scapegoat for the recession and shift the focus away from the fact that it was actually the tariffs that triggered it all.

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