Kate Moore on Tariffs, Market Uncertainty, and Investor Strategy

Market Reaction to Tariffs

• 📈 Tariff announcements have created significant uncertainty, with markets indicated to open down substantially.
• 💡 The announced tariff levels were higher than expected, even as a potential negotiation starting point, leading to anticipated market disruption.
• 🌍 The impact is not limited to the US, with questions about how other countries will react and potential for further tariff escalations.

Investor Strategy Amid Uncertainty

• ⚠️ Citi Wealth's guidance is to avoid adding to risk currently, especially for those with cash to deploy.
• ⏳ Investors with existing portfolios are advised to sit tight and focus on medium to long-term perspectives.
• 💰 Patience and strategic waiting are emphasized over constant trading, as