Yabba Dabba Doo or Yabba Dabba Don't! Will Trump's Tariffs Sink Our Savings?!

A Great Big Pile of Rocks!

Yabba Dabba Doo! Fred Flintstone here folks! I gotta tell ya this whole tariff business has got me scratching my head harder than trying to start my car on a cold Bedrock morning. Seems like this President Trump fella thought he could just slap some extra rocks on everything comin' into our country and BAM! Instant prosperity! But it ain't that simple is it? Now I ain't no financial whiz like Mr. Slate (Yabba Dabba Doo!) but even I can see this might turn into a real Barney Rubble level disaster if we ain't careful!

Gazoo's Guide to Gloom and Doom

This here Navarro fella who’s been whisperin' in Trump's ear sounds like Gazoo with a business degree. He convinced the big guy that punishin' everyone with these tariffs is the way to go. Now the market's doin' the Dino dance – and it ain't a happy one. My buddy Cramer is sayin' don't go sellin' the whole quarry just yet but be cautious. But it's got the big shots worried. The CEO's are scared to spend and the folks are afraid to touch their savings like a brontosaurus burger that's been out in the sun too long!

The Price of Pebbles Cereal?

Now here's the real kicker. If these tariffs stick around we might see prices go up faster than Dino chasin' a cat! Remember Apple? Well they might have to charge more for their shiny new rocks. And if those international companies don't sell enough we'll have slower economic growth and earnings shortfalls. Now I don't want to pay extra for my Pebbles cereal in the morning!

Europe's Mad as a Caveman with a Toothache!

And it ain't just us folks. Europe's about to retaliate! They're gonna slap their own tariffs on our stuff and that'll hit our tech companies hard except for Amazon. Then what? It’s gonna take years to build new factories and change supply chains in our country. This could make things worse because it will take long time and money to change our factory and machines!

Sunshine Through the Stone Age

Hold your horses! It ain't all doom and gloom. There are some pros to this. A lot of stocks especially tech stocks are way down from their highs. This is when the market is in correction territory. Bond yields have gone down which makes dividend stocks look pretty good. And a housing recovery might be on the way. Plus Trump is just trying to reset trade with other countries because the U.S. has had trade deficits for a long time. It may hurt to lose some skin now but at least it’ll be done sooner than later!

Yabba Dabba Doo...or Yabba Dabba Don't?

So what's a caveman to do? Cramer said only a 25% chance we've hit the bottom of this mess. So don't go all in yet. But keep some cash handy. He said you have a 50% chance that holding will work out well. And Cramer also said don't sell most of your holdings. This is not the end of the world! Just keep an eye on the S&P 500 levels the earnings estimates and the valuation multiples. Then the story will tell itself!