Shoka Åhrman, spareconomist at SPP, urges calm in the coming days but says that the tariffs risk making it tougher for households' economy ahead.
This policy is likely to lead to higher inflation. Prices throughout the entire supply chain will rise, which leads to higher prices for various goods for individual consumers.
Shoka Åhrman also says that households risk getting tougher economically due to higher interest rates.
The Swedish Central Bank has previously expressed that they are waiting with interest rate changes ahead, but it is clear that this message can affect the interest rate situation.
The long-term effects on the stock market that the tariffs entail are something that she believes small savers will have to handle.
But it is not the time to do it today by quickly selling stocks or funds, it risks becoming a greater loss than it needs to be.
A Wake-up Call
At the same time, she means that this message is a wake-up call for many Swedish savers.
We must review where we have our money. Many Swedes have long been able to have a lot of money on the stock market without having to think, because the stock market has ticked upwards.
She says that it will be an uncertain time ahead, and that it is therefore important for households to review their economy.
How many unexpected messages can my economy withstand? It is an important question to ask oneself ahead.
Think Completely Differently
It may be high time for small savers to think completely differently.
One needs to see where the development is in the coming three to five years, both in terms of regions, companies, and industries. Many have benefited from investing in tech companies in the USA, but now we see a shift.
She means that the counter-reactions that these tariffs trigger could strengthen other markets.
If we get a counter-reaction from the EU, it could lead to greater development and growth potential in Europe than we have had in many years. Trump's tariffs open up for other types of investments.
