US tariffs on UK impact

Bostonerimus1

masonic said:

There's been some selective falls in purveyors of luxury goods that could be susceptible to a trade war, but overall a bit of a "meh" reaction from UK/European markets.

Keen for an update from the OP on the execution of their strategy.

I think most markets are of the opinion that the current Greenland/tariffs situation is too insane to actually materialize. US public and Congressional opinion seems to be thinking the same.

eskbanker

TheTelltaleChart said:

masonic said:

TACO - shouldn't you be considering buying the dip?

Different people can tolerate different levels of spiciness. What is high-risk for one person may not be adventurous enough for another.

Some say that you can achieve your target risk level using just 2 ingredients, the hottest chillis available and yogurt, so all you have to do is mix them in suitable proportions. Others counter that that is bad cookery.

Sounds more like making a dip rather than buying it

Uriziel

masonic said:

There's been some selective falls in purveyors of luxury goods that could be susceptible to a trade war, but overall a bit of a "meh" reaction from UK/European markets.

Keen for an update from the OP on the execution of their strategy.

I sold for a 2.50% gain and then bought back in at 50p less which is not that much but it's something.

Aylesbury_Duck

I've fed some more into STMM today, and will monitor things in the coming days and weeks.  If markets continue to slide I'll drip-feed the STMM holding into my VLS60.  The bulk of my S&S investments are in VLS60 and I'll let that ride this out like I did when there was a little turbulence last year.

masonic

Uriziel said:

masonic said:

There's been some selective falls in purveyors of luxury goods that could be susceptible to a trade war, but overall a bit of a "meh" reaction from UK/European markets.

Keen for an update from the OP on the execution of their strategy.

I sold for a 2.50% gain and then bought back in at 50p less which is not that much but it's something.

50p could be a large or a small gain depending on the fund price. It looks like there was a maximum of about 0.5% (less spread) to be made yesterday if you sold at market open and bought at the late morning low, but you'd have lost out if you'd have waited until the end of the day. Whereas today was the day when there was more of a dip.

Bostonerimus1

After reflecting over the MLK Holiday US markets are down this morning...S&P500 -1.25%. This seems entirely sensible.

masonic

There are now reports that TACO is confirmed.

Aylesbury_Duck

masonic said:

There are now reports that TACO is confirmed.

With an accompanying market bounce.

EthicsGradient

eg

"Stock Market News, Jan. 21, 2026: Dow ends up nearly 600 points, S&P 500 and Nasdaq jump after Trump walks away from tariff threats and says framework of a deal on Greenland is reached"

https://www.marketwatch.com/livecoverage/stock-market-today-dow-sp500-nasdaq-rally-after-sell-off-bonds-bounce-gold-record-davos-trump

Bostonerimus1

EthicsGradient said:

eg

"Stock Market News, Jan. 21, 2026: Dow ends up nearly 600 points, S&P 500 and Nasdaq jump after Trump walks away from tariff threats and says framework of a deal on Greenland is reached"

https://www.marketwatch.com/livecoverage/stock-market-today-dow-sp500-nasdaq-rally-after-sell-off-bonds-bounce-gold-record-davos-trump

Well quiet until the next ruckus. My Republican friends in the US won't be voting for Trump in the mid terms, but they didn't vote for him last time either. I continue to gradually reduce my small exposure to US Bonds.