Gee, ya think? We have an insane President using tariffs as weapons. If he doesn’t like you, forget it. He’ll slap on another one at any place and any time. This makes people unhappy, but the country really doesn’t matter to him. It’s all about the power.
Our prices are rising. Inflation is rising. But this guy won’t think logically about it. If someone sets tariffs back in retaliation, then it just snowballs because it will be a never-ending cycle. Markets don’t like uncertainty. The CITIZENS of the US don’t like uncertainty. With all the back and forth and not knowing what prices are going to go up in relation to that, means they are stomping all over the people. But it doesn’t seem to matter.
Chest-thumping power-lover. We have already had so many things go wrong in his first 2 months. I guess he doesn’t have anyone in his cabinet to tell him to think about what’s going to follow the on-again off-again. I am already tired of trying to guess what’s going to happen in regard to his next tariff. I think we should just assume that *everything* is going to be more expensive.
Wow, major side journey there. So back to it. The uncertainty acknowledges what many have known and had to deal with for weeks. Agent Orange’s tariff announcements and revisions put confusion in the markets. Yardeni Research President Ed Yardeni said, “Any day where the president doesn’t talk about tariffs is a good day for the market.”. Yup.
When asked about this comment, Economic Advisor Kevin Hassett said “There should be clarity, absolute clarity.” Clarity is not what the US is getting. He believes that things should clear up after April 2nd. This is the date when tRump will begin to impose tariffs based on countries that either have their own duties (hello UK? Someone’s pointing at you.) or erect certain non-tariff trade barriers on US products.
“Confusion remains the name of the game, delaying investment decisions and affecting consumer confidence,” Bank of America Global Research said in an analyst note Monday morning. “And the longer this regime continues, the more likely negative effects on business and consumer confidence will also persist,” the analysts wrote. Again, gee, ya think?
The best part is that the Mango Mandarin and members of his administration have been very careful and have declined to comment on the possibility the US could have a recession. That makes me feel just great. Well, no it doesn’t but you get the idea. Oh, joy!
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F him.