As I write this article in early April, the Dow has experienced another turbulent Monday following last week's losses. This downturn has led to a decline of nearly 10% since the beginning of 2025, with other indices reflecting similar trends. Several factors may contribute to this recent sell-off. Still, a key catalyst is the change in trade policies and their potential impact on the costs of goods and services, including expenses related to equipment, parts, and other essential items in the transportation industry.
Analysts expect this policy shift to impact the U.S. economy for at least the immediate future, and while we understand its reasons, the length of this downturn remains uncertain. Therefore, adopting a defensive financial posture during this time can be a wise approach to navigating the upcoming months. With this in mind, here are some steps I have taken during previous periods of uncertainty to prepare for unpredictable times ahead:
