I was going to type a long message but will just state facts. I made the mistake of typing a message the way I talk to my Army buddies and gym bros. This group is not that group and you have to know your audience. I was also not specific enough on the value comments. Here goes:
-I am politically unemotional about money, it is just math
-Common Share prices yesterday were similar (ie within pennies) compared to what they were in April 2024.
-Unless you have an extremely risky profile your $ value is more than it was in April 2024.
-The drop in 2022 was less rapid but 150% worse than the drop now
-Your $ value should be significantly more now than in December 2022
-The market will probably go even lower. Don’t panic. Do what the extremely wealthy do. Don’t look at any of this as positive or negative, look at it as an opportunity to expand when share prices are lower. They will go back up. It is a long game. There is a reason the rich do it over and over again.
Tariffs and ASL
US Production to US Customer: Likely minimal impact. There are two main indicators, paper and ink. A high percentage of paper used in ASL type products is produced domestically. Ink is a little more difficult to figure out; however, some of the largest ink manufacturers are US based.
US Production to Overseas Customers: Not sure how there would be any impact. Some countries already have VAT, etc, which acts like a defacto tarrif paid by the individual purchaser. Otherwise those countries have tarrifs on US goods but ASL products are not tariffed that I know of beyond the VAT. I think this will be true of overseas production to US customers????