I won’t do the math for you kieth.
It’s called “Sequence of returns risk”.
Feb, Mar, Apr, May, and June, represent months where (depending on which date you choose for your personal retirement acct withdrawal) a person’s withdrawals have considerably heavier effect, AND, by late April there would be considerably less to recover with. So their account would still be far lower than it would have been without the tariff issue.
I’ve listened to it for the last four months at the gun club where I actually shoot old guns at clay targets. Most of the guys whine, [censored - come on man!], and quit spending, praying for some relief from it all, hoping prices don’t careen out of control.
Since it was a self induced correction, and alternatives to the way it was introduced exist, with possibly less effect, I view it as an unforced error of trillions of dollars.
But I got a new Audi Q7 out of it, so I’ve been compensated for it.
