Big Take Podcast

In a Trump Slump, Where Should You Put Your Money?

On today’s Big Take podcast, investor tips for navigating choppy markets.

A Donald Trump 2024 campaign hat on the floor of the New York Stock Exchange.Photographer: Michael Nagle/Bloomberg
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It has been a wild few weeks in markets.

By last week, the S&P 500 had wiped out all its gains since Election Day – $3.4 trillion in value. When Trump was asked about the possibility of a recession over the weekend, he said the US was in a “period of transition.”

Then on Monday, the Nasdaq 100 saw its worst day since 2022, tumbling 3.8% and extending a selloff that has put it into correction territory.