Tariffs are back in the headlines—and so is market volatility. But is this a reason to panic or just another chapter in a long financial story?

In this episode of Caffeine & Cash Flow, Michael Schulte walks through five historical periods of U.S. tariffs—from the Smoot-Hawley Act of the 1930s to recent measures under Presidents Trump and Biden—and reveals how markets performed during each era.

The good news: it’s not all doom and gloom.

Here’s some of what we discuss in this episode:

📉 What happened during the 1930s Smoot-Hawley tariffs

📈 How the market reacted under Nixon, Reagan, Trump, and Biden

📊 Real performance data across five tariff periods

🔍 Why diversification and time horizon matter more than headlines

🧠 The case for ignoring market panic and sticking to your plan

The data pulled in this episode is sourced from InteractFA.

Learn more: https://caffeinecashflow.com/

Get in touch with Michael-

Web: https://www.westpacwealth.com/team/michael-schulte

Email: michael.schulte@westpacwealth.com

Phone: 702-767-4897

You’ve heard the term “diversification” countless times—but are you actually doing it right? As the financial landscape continues to evolve, understanding how to properly diversify your investment portfolio is more crucial than ever. In this episode, we’re going to get into the investing fundamentals we consistently stick to in order to help achieve the highest probability of success.

Here’s some of what we discuss in this episode:

📊 Diversification ≠ Just owning a few different stocks

📉 Most portfolios are too heavily tilted toward large-cap tech

🏦 Own the full asset class—don’t try to pick winners

🔄 Rebalance regularly to reduce risk & stay disciplined

Learn more: https://caffeinecashflow.com/

Get in touch with Michael-

Web: https://www.westpacwealth.com/team/michael-schulte

Email: michael.schulte@westpacwealth.com

Phone: 702-767-4897

March Madness is here, and just like filling out a bracket, picking individual stocks can feel like a thrilling gamble. But the odds of winning big are slim. In fact, history shows that most stock picks, like most brackets, end up busted.

Many investors can’t resist chasing big wins, even though diversification is a smarter play. One economist, Hendrik Bessembinder, analyzed the returns of nearly a century of stock performance. Let’s compare what he found to March Madness history and uncover what March Madness can teach us about investing!

Here’s some of what we discuss in this episode:

• What Hendrik Bessembinder found from his study of 29,078 stocks
• The perfect March Madness bracket has never happened
• The odds of sustainable success are slim
• Very few teams repeatedly win
• The most familiar choice doesn’t often lead to victory

Learn more: https://caffeinecashflow.com/

Get in touch with Michael-

Web: https://www.westpacwealth.com/team/michael-schulte

Email: michael.schulte@westpacwealth.com

Phone: 702-767-4897