| (Reuters) - U.S. companies and consumers are bearing the brunt of the country's new import tariffs, early indications show, contradicting assertions by President Donald Trump and complicating the Federal Reserve's fight against inflation. |
|
Very interesting discussion in this YT from an ex-wall streeter. The average consumer isn’t relevant to the economy anymore.
|
|
| this isn't getting better any time soon...if supply chains break, which is possible, then certain products will not even be available |
| FED'S POWELL SAYS A RISK THAT SLOW PASS THROUGH OF TARIFFS STARTS TO LOOK LIKE PERSISTENT INFLATION |
What would be some examples of certain products not being available? Would this include pharma? Thx. |
| And weirdly, that's ONE thing that Trump seemed to put forethought into. Remember, "You might have to have only ONE doll this Christmas, instead of 14 dolls." |
| Isn’t this just “transitory inflation?” |
|
|
|
|
At least the eggs are cheaper! |