Stocks may be in tariff relief rally mode, but Wall Street's biggest bear says investors should stay on high alert given the volatile backdrop. "President Trump’s decision to walk back part of his tariff hikes has reduced the odds of a deep US recession.

Maguire, 69, spent decades diligently investing in her 401 (k) before she retired. Now the adviser wanted to take advantage of the sinking market to buy more stock at a discounted price. Her answer: “You’ve kind of read my mind.”

As tariffs loom over the sector, biotechs with U.S.-based manufacturing and intellectual property are soothing investor concerns.