TARIFFS AND MY PENSION

Recent global equity market weakness and volatility stems in large from the increased uncertainty regarding the future direction of US economic policy under the Trump administration. That said, there is little doubt that tariffs are a central part of Trump’s overall economic vision. It is also causing difficulties for the US Federal Reserve. The central bank began easing monetary policy last year but has paused rate cuts more recently as it considers the effects that tariffs might have on both growth (downside) and inflation (upside) within the US economy.

As most pensions are invested in equities how do we plan for retirement? What effect does the current  market volatility and market weakness have on our pension funds? To answer these questions and help give clarity and advice, contact us today.

Source: U.S. Bureau of Economic Analysis, CNBC, Goodbody.