MACRO VIEW....MAJOR MESS

FOR FRED...WHO THINKS ALL IS FINE


www.reuters.com/world/china/global-econo...-tariffs-2025-05-05/

Summary
Companies

Impact of tariffs seen in factory gate readings
Lingering uncertainty adds to dampening effect
"Demand shock" seen disinflationary for many

May 5 (Reuters) - U.S. President Donald Trump's tariffs are increasingly clogging up the wheels of a world economy which for decades were greased by predictable and relatively free trade.
Big-name multinationals right down to niche e-commerce players last week cut sales targets, warned of job cuts and reviewed their business plans, while major economies revised down growth prospects amid bleak data read-outs.

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While financial markets are betting the U.S. and China will pull back from an all-out trade war and that Trump will cut deals to avert higher tariffs on others, the sheer uncertainty of where this ends has become a major drag factor in itself.

These news institutions have no memory. They act like tariffs and restrictions on foreign trade are new. They aren't!

President Obama put huge tariffs on Chinese tires. Clinton? Banned the import of Chinese guns and ammunition. Biden charged huge tariffs on Chinese steel.

And every President banned Chinese automobiles.

Why did BMW, Mercedes, Honda, and Toyota move production of cars to the US? Because of past US tariffs on automobiles.

Journalism students have some of the lowest IQ's of college graduates. You can see why. They clearly don't know their history, especially economic history.

JMO....HERE IS THE DIFFERENCE....THE MOVES U MENTIONED WERE NOT SLASH AND BURN TO THE GROUND ,EARTH SHATTERING ,EGO DRIVEN CONSTRUCTS ....THEY WERE MODEST IN COMPARISON TO WHAT THE CZAR IS DOING TO THE GLOBAL.ECONOMY

Let's circle back in a year and see if America and the global economy has burned down.

Trump is a disrupter.
Bezos and Amazon are disrupters.
Uber & Lyft are also disrupters.

Don't think changing things up are always bad ideas. Don't be so conservative.

FredHayek wrote: Let's circle back in a year and see if America and the global economy has burned down.

Trump is a disrupter.
Bezos and Amazon are disrupters.
Uber & Lyft are also disrupters.

Don't think changing things up are always bad ideas. Don't be so conservative.

I WILL WAIT WITH BAITED BREATHE TO SEE WHAT IS COMING OUR WAY....IN THE MEAN TIME U HAVE FORGOTTEN (and I keep reminding u)I WORKED FOR AT & T FOR ALMOST 20 YEARS....I KNOW WHAT CHANGE UP MEANS AND I KNOW WHAT A FUBARED,FRUSTRATING EXPERIENCE THAT IS.. THEN IT BECOMES SUCH A NIGHTMARE U EITHER TAKE AN EXTENDED UNPAID VACATION OR U DRINK LONG ISLAND ICE TEAS TILL U R NUMB....EITHER WAY THE CONSUMER/CUSTOMER IS THE VICTIM AND THE EMPLOYEES BECOME COMATOSE AND LOSE INTEREST...
IT;S CALLED WORK SLOW DOWN IN UNION TERMS......OH YA, I REMEMBER IT WELL.

Nine straight days of gains in the market. Bargain hunters?


See who will win on the bulls and bears. Trump enemies cheering for the American economy to collapse so they can take back the House?

THE RESULT OF THE TARIFFS HAS NOT KICKED IN....BUT IT WILL.