For the past couple of years market participants have learned that whenever the market dropped, it would come roaring back. The lesson seemed clear: Any sign of weakness was temporary and presented a buying opportunity. While that rule didn’t work very well in 2022, it has generally held true since the 2008 Financial Crisis. Even the market crash caused by the full economic shutdown in 2020 turned out to be a great entry point. So, should the current turmoil, triggered by the new tariff policy, be approached the same way? Some observers think it should. Despite the tough rhetoric, the…

The powers that be are playing a high-stakes game of “tariff roulette”—and I don’t know about you, but I don’t want to put my life savings on the table here! But we’re not among the crowd bailing on stocks, either. No way. We’re retirees (or aspiring retirees!) and we demand income. So instead, we’re going to look to “tariff-proof” (or “recession-proof,” if you think this trade war is sending us there) our portfolio. And we’re going to do it while cutting our tax bill, too. Our timing is right here, because the jump in 10-year Treasury rates we’ve seen since…