Markets took a hit last week as the Dow fell 2.5%, the S&P 500 dropped 2.6%, and the NASDAQ slipped 2.5%. While early-week momentum was positive, the tone shifted sharply after President Trump posted on Truth Social Friday morning, announcing a potential 50% tariff on EU imports and a 25% tariff on foreign-made iPhones—news that sent markets into the red ahead of the long weekend. The Money Wise guys emphasize that unexpected announcements like this, especially during thin trading before holidays, tend to spook investors and contribute to volatility.

They also touch on broader media narratives that resurfaced concerns about the national deficit, potential downgrades to U.S. credit, and Social Security stability—longstanding fears that have persisted for decades. The team reminds listeners that these recurring headlines often stir emotions, but rarely reflect immediate threats to the markets. As always, the guys encourage maintaining a long-term perspective, staying grounded, and tuning out the financial “noise” that distracts from sound investment decisions.

While the broader market slipped heading into the long weekend, tech stood out as a focal point of the conversation. From tariff threats on imported iPhones to questions around Apple's international manufacturing, technology companies found themselves in the political crosshairs once again. But beyond the headlines, it’s clear that tech still plays a critical role in market momentum—both as a driver of volatility and a source of long-term growth potential.

In the second hour, the Money Wise guys divulge what Wall Street Won’t Tell You. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.