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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I thought the sky was falling and everyone should cash out their 401ks and put their retirement funds in a shoebox? Oh wait…. https://www.washingtonpost.com/business/2025/06/11/trump-tariffs-may-inflation/ [b]Trump economy shows surprising resilience despite tariff impacts[/b] [quote]President Donald Trump’s escalating trade war may be rattling corporate boardrooms and slowing consumer spending, but the U.S. economy so far has kept humming along. The latest encouraging sign came Wednesday, when the Labor Department reported that inflation remained mild in May, rising at an annual pace of 2.4 percent — less than economists had anticipated. The labor market continues to chug as well, adding a healthy 139,000 jobs last month, which also beat expectations. The wave of good news has surprised analysts who had braced for higher inflation and weaker hiring amid Trump’s unpredictable trade moves — including new tariffs that were quickly scaled back or delayed. The inflation report landed the day after U.S. and Chinese negotiators announced a framework for a deal to reduce tariffs and other economic restrictions between the countries, suggesting the administration may further retreat in its global trade war. That could remove another threat from the U.S. economy.[/quote][/quote] Well, of 55% stays on China and once the REAL statistics come out re unemployment etc, the market will catch up. The felon will screw Americans one way or another. [/quote] So I should liquidate my 401k and put it all into a panic room in a bunker in rural WV, right? Got it. [/quote]
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