Quotes
I think some so much of this anxiety that we have in this country is all about the fear of retirement,
he said
Could we have one quarter or two quarter of a flattening of our economy as we try to reset the economy? Absolutely,
Fink saidThe decision was purely economic, and we believe this is going to be great long term investment,
Fink saidThe collective impact in the short run is that people are pausing, they’re pulling back,
Fink told CNN’s Kayla Tausche in an exclusive interviewRight now the president is focusing on tariffs, but when he talks about reciprocal tariffs, actually, that may bring down tariffs over the long run,
Fink saidThere’s nothing wrong with a market pullback,
Fink saidWe’re taking it back.”
Some of the canal operations being controlled by a Chinese firm had long angered Trump, and it was a topic he mentioned in his inaugural address in January, in which he saidAll of these things have that ripple effect, and we will see over a long cycle whether this ripple effect gets worse or does it stabilize,
he saidIn the first Trump administration, there was this widespread belief that downturns in the stock market that came from federal policies would encourage President Trump to reconsider those policies. That's a change we're seeing because even with the recent downturn in markets, President Trump has continued on his pace of adding new tariffs, defending the tariffs, layering them one on top of each other."
Ryan Monarch, a professor of economics at Syracuse University, previously toldNewsweek
As U.S. assistance fades, countries like Germany have already announced significant boosts in defense budgets. The shift toward nationalism in the U.S. has also pushed other nations to ramp up their spending, no longer viewing the U.S. as a reliable partner,
he addedFor investors, the key is staying diversified and not making moves based on perception. Sometimes, there's nothing wrong with sitting in money markets or 4 percent-plus-yielding treasuries while the dust settles,
he saidStick to your long-term vision. Markets climb a wall of worry, but historically, they reward patience. Stay diversified and avoid investing money you need in the short term,
he said
What is your message, President Trump, buying a new car while there are some folks who will see this clip at home and they are struggling with their retirement accounts, down at the moment, uncertainty about work ahead,
Doocy said during an event at the White House promoting Elon Musk's carsIt's tough to make the argument that you should retire if your retirement accounts are getting throttled, which is what is happening right now."
Talking about the Trump administration's efforts to get thousands of federal workers to retire voluntarily, Doocy saidAnd we also expect the White House to try to reassure folks who are sitting there looking at their 401(k)s going down and down and down,
Doocy saidUncertainty is the driver around the market's recent selloff. There are growing concerns about potential economic weakness, due in part to tariff impacts."
Rob Haworth, a senior investment strategy director with U.S. Bank Asset Management, in a statementPresident Trump, of course, has great job security. He never needs to run for reelection again,
Doocy saidFor longer-term investors, it's important to remember: scary headlines and volatility happen every single year. And the truth is, 2025 is not any different."
Ryan Detrick, chief market strategist at financial services firm Carson Group, told USA TodayBut these CEOs who are coming to town, including from IBM, HP, and Qualcomm, they all need to go back to their boards and to their shareholders to explain what exactly is going to happen,
he addedTrump's reckless, haphazard approach to tariffs is killing the dream economy he inherited. The tariffs would cost families thousands of dollars if enacted, offsetting any tax cut from the 2017 tax law for the bottom 40 percent of Americans."
Brendan Duke, senior director for Federal Budget Policy at the Center on Budget and Policy Priorities, in a statement shared with Newsweek