{"id":238050,"date":"2025-04-04T13:42:32","date_gmt":"2025-04-04T17:42:32","guid":{"rendered":"https:\/\/aptuscapitaladvisors.com\/?p=238050"},"modified":"2025-04-04T16:17:33","modified_gmt":"2025-04-04T20:17:33","slug":"the-market-in-pictures-april-4","status":"publish","type":"post","link":"https:\/\/aptuscapitaladvisors.com\/the-market-in-pictures-april-4\/","title":{"rendered":"The Market in Pictures, April 4"},"content":{"rendered":"

Our team looks at a lot of research throughout the day. Here are a handful that we think are good summations of investor activity, from the equity market correction to the economy and inflation and, of course, tariffs. Enjoy!<\/p>\n

 <\/p>\n

Beckham:<\/strong> Anyone who claims a crystal ball to future outcomes is either na\u00efve or lying; corrections may rhyme, but they rarely repeat<\/em><\/p>\n

 <\/p>\n

\"\"<\/p>\n

 <\/p>\n

 <\/p>\n

Brett:<\/strong> and if you hone in on just the history after the 10% threshold has been reached, it\u2019s even more clear how different the path of each outcome can be<\/em><\/p>\n

 <\/p>\n

\"\"<\/p>\n

 <\/p>\n

 <\/p>\n

Arch:<\/strong> Not only are the end points different in price, but they vary quite a bit in time as well<\/em><\/p>\n

 <\/p>\n

\"\"Data as of 04.01.2025<\/p>\n

 <\/p>\n

 <\/p>\n

John Luke:<\/strong> and with policy uncertainty readings already on par with the most memorable episodes in recent history, it\u2019s important to remember that widespread anxiety often sets the table for higher prices<\/em><\/p>\n

 <\/p>\n

\"\"Source: Strategas as of 04.02.2025<\/p>\n

 <\/p>\n

 <\/p>\n

John Luke:<\/strong> Tariffs are obviously grabbing every headline, here\u2019s a summary of pros and cons from Bridgewater founder Ray Dalio<\/em><\/p>\n

 <\/p>\n

\"\"Source: @AllioCapital as of 04.02.2025<\/p>\n

 <\/p>\n

 <\/p>\n

John Luke:<\/strong> and an estimate of the initially proposed tariff rates relative to US trade history<\/em><\/p>\n

 <\/p>\n

\"\"Data as of 04.03.2025<\/p>\n

 <\/p>\n

 <\/p>\n

Joseph:<\/strong> Here is a decent summary of the before and after tariff rates across the largest exporters to the U.S.<\/em><\/p>\n

\u00a0<\/strong><\/p>\n

\"\"Source: Goldman Sachs as of 04.03.2025<\/p>\n

 <\/p>\n

 <\/p>\n

Ten:<\/strong> It\u2019s important to note that the proposed tariffs apply only to imported goods, not services<\/em><\/p>\n

 <\/p>\n

\"\"Data as of March 2025<\/p>\n

 <\/p>\n

 <\/p>\n

John Luke:<\/strong> that split between goods and services is also prominent in tracking inflation figures<\/em><\/p>\n

 <\/p>\n

\"\"Source: WSJ as of 04.01.2025<\/p>\n

 <\/p>\n

 <\/p>\n

Jake:<\/strong> Moving to jobs, we\u2019ve seen large DOGE-driven cuts, but it\u2019s not yet spilled over into the private sector<\/em><\/p>\n

 <\/p>\n

\"\"Source: Koyfin via Daily Chartbook as of 04.01.2025<\/p>\n

 <\/p>\n

 <\/p>\n

Brad:<\/strong> and while market lore says credit markets always sniff out trouble before equities, it\u2019s not always the case<\/em><\/p>\n

 <\/p>\n

\"\"<\/p>\n

 <\/p>\n

 <\/p>\n

Brian:<\/strong> We can\u2019t guess at the full range of policy goals, but Treasury Secretary Bessent was clear on his desire for lower rates, oil prices, and US dollar <\/em><\/p>\n

 <\/p>\n

\"\"Data as of 04.03.2025<\/p>\n

 <\/p>\n

 <\/p>\n

JD:<\/strong> and as markets fall we\u2019ll soon find out whether the \u201cFed Put\u201d is still a thing<\/em><\/p>\n

 <\/p>\n

\"\"<\/p>\n

 <\/p>\n

 <\/p>\n

\n

Disclosures<\/strong><\/h5>\n

 <\/p>\n

Past performance is not indicative of future results. This material is not financial advice or an offer to sell any product. The information contained herein should not be considered a recommendation to purchase or sell any particular security. Forward-looking statements cannot be guaranteed.<\/em><\/p>\n

Projections or other forward-looking statements regarding future financial performance of markets are only predictions and actual events or results may differ materially.<\/em><\/p>\n

This commentary offers generalized research, not personalized investment advice. It is for informational purposes only and does not constitute a complete description of our investment services or performance. Nothing in this commentary should be interpreted to state or imply that past results are an indication of future investment returns. All investments involve risk and unless otherwise stated, are not guaranteed. Be sure to consult with an investment & tax professional before implementing any investment strategy. Investing involves risk. Principal loss is possible.<\/em><\/p>\n

Advisory services are offered through Aptus Capital Advisors, LLC, a Registered Investment Adviser registered with the Securities and Exchange Commission. Registration does not imply a certain level or skill or training. More information about the advisor, its investment strategies and objectives, is included in the firm\u2019s Form ADV Part 2, which can be obtained, at no charge, by calling (251) 517-7198. Aptus Capital Advisors, LLC is headquartered in Fairhope, Alabama. ACA-2504-12. <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Our team looks at a lot of research throughout the day. Here are a handful that we think are good summations of investor activity, from the equity market correction to the economy and inflation and, of course, tariffs. Enjoy!   Beckham: Anyone who claims a crystal ball to future outcomes is either na\u00efve or lying; […]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","inline_featured_image":false,"footnotes":""},"categories":[20,194],"tags":[711,132,120,179,712,306,316,56],"class_list":["post-238050","post","type-post","status-publish","format-standard","hentry","category-blog","category-charts","tag-corrections","tag-earnings","tag-growth","tag-markets","tag-policy","tag-rate-cuts","tag-rates","tag-tariffs"],"yoast_head":"\nThe Market in Pictures, April 4 - Aptus Capital Advisors<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aptuscapitaladvisors.com\/the-market-in-pictures-april-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Market in Pictures, April 4 - Aptus Capital Advisors\" \/>\n<meta property=\"og:description\" content=\"Our team looks at a lot of research throughout the day. 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