Negative growth in GDP, weakness in consumer and business sentiment, and prices as a whole, are not lowering. Inflation is still over target.
Based on your support for the largest tax increase since World War II, it should either be inflation due to cost increases or prices decreased due to falling demand. Which one do you prefer? Good arguments for each. The demand fall argument is driven by the chaos of tariffs/no tariffs/tariffs again dynamic of all of this, making it impossible to plan for businesses, causing weakening overall activity. The price increase argument is driven by the fact that companies need to pass on massive taxes to their customers and that the overall demand won't fall much as Trump bails out industry after industry with subsidies (like he has to do last time he even vaguely tried this). Really a coin flip how this will go. Of course, the markets are betting on a third possibility, which seems much more likely: capitulation and an acknowledgement (even if not explicitly) that all of this was a waste of time and money with no end change to existing structures other than lower trust in the US worldwide.
Only a matter of time. Keep in mind that while Trump rolled back tariffs on Chinese goods to a much more reasonable level they're still higher than they were when the Donald took office and his other tariffs which have also been delayed are scheduled to take effect in the future. No matter what Trump says tariffs are nothing more than a disguised sales taxes paid by the consumer. One more point, there is a difference between Trump's proposed blanket tariffs and the targeted tariffs supported by the Democrats and even Trump himself during his first administration.
Translation - Trump recklessly and needlessly crashed the US and potentially the global economy and China bailed him out Trump begged for help before full on recession and then stag-flation took hold.
It’s back to almost precisely what it was 1 month ago before Trumps “liberation day” crashed it. Still short of the high of 45,000. I’d say it’s pretty stupid for the market to round trip back to the same levels with 30% tariffs applied that weren’t there before, but as of April 2nd it was probably already anticipating some of it, just not the 145% crazy town levels that was completely shutting trade.
He's making sure that Musk can get his parts out of China cheaply. Musk was probably given advance warning so he could secure all the shipping containers available. Nothing unethical to see here.
So you made a bet that that TV reality show host felon would back off of all his idiotic ideas about the global economy and tariffs. And then he did (almost completely, so far) precisely that. Well done, sir. You've identified another version of the "Trump Trade"; whenever he collapses the markets with his ignorance and incompetence ....... BUY. On the likelihood that someone or something reasonable will force or compel him to reverse himself and just go away.
Yep and they’ll now have to endure lower drug prices…a one two punch to the gut…thoughts and prayers all around
Oh, so that must be a spectacular gain in market value due to this policy. How much has the market gained in value from when Trump started talking about global tariffs that would be coming on April 2?
Apple will barely have broken ground four years from now, after all of the environmental studies and land acquisition and due diligence have been completed. There's a good chance that after the next president gets inaugurated, he walks away and continues manufacturing in China.
