Calzone
Gear Whore #1
Looks like agricultural products (food) are “Virtual Tariffs” at this point.
Don’t forget that Mexico supplies 40% of our fruit vegetables and nuts.
Then there is the suggestion that the 3 big automakers might try to stockpile finished autos and trucks. Kinda risky when 8 out of 12 FED districts report flat or modest declines in economic activity.
Also stagflation will not get exacerbated by a wage price spiral like they did starting in 1973-1982. Back then Unions were strong, so wage demands got met, but this time inflation and lack of worker’s rights or power translates into a very different kind of stagflation of perhaps working harder and having less purchasing power.
Oddly the markets recovered a lot of the losses from earlier in the week. As if the proposed tariffs are all “virtual.” Feels like a bubble and wishful thinking to me. I could be wrong, but I don’t think so. Still Friday will be a reveal.
Certainly, uncertainty can’t be good for business, supporting a household, or for an economy. The VIX or Volatility Index, does not seem to reflect really the whipsawing that is going on. The dampening effect I mentioned earlier of all this background noise and flip-flopping seems to be masking the truth.
Am I the only person that see’s this?
Things are really that crazy.
It is like the story, “The Emperor’s New Clothes,” and during the parade the viewers are with the Emperor in their beliefs seeing imaginary clothes.
Remember the definition of insanity, “Repeating history and expecting a different outcome.”
There is a parade of lunacy going on.
Realize that there is a delay as the effects of these tariffs and even “virtual tariffs” have on the economy. That’s why I say things happen in slow motion. The adjustments are so small that they don’t get noticed until suddenly the forest is right next to the castle as if in the play MacBeth.
Uncertainty, certainly destabilizes a future and implies risk. Hard to measure, so it goes un-noticed. Right now it is kinda disregarded. Oh-well.
Cal
Don’t forget that Mexico supplies 40% of our fruit vegetables and nuts.
Then there is the suggestion that the 3 big automakers might try to stockpile finished autos and trucks. Kinda risky when 8 out of 12 FED districts report flat or modest declines in economic activity.
Also stagflation will not get exacerbated by a wage price spiral like they did starting in 1973-1982. Back then Unions were strong, so wage demands got met, but this time inflation and lack of worker’s rights or power translates into a very different kind of stagflation of perhaps working harder and having less purchasing power.
Oddly the markets recovered a lot of the losses from earlier in the week. As if the proposed tariffs are all “virtual.” Feels like a bubble and wishful thinking to me. I could be wrong, but I don’t think so. Still Friday will be a reveal.
Certainly, uncertainty can’t be good for business, supporting a household, or for an economy. The VIX or Volatility Index, does not seem to reflect really the whipsawing that is going on. The dampening effect I mentioned earlier of all this background noise and flip-flopping seems to be masking the truth.
Am I the only person that see’s this?
Things are really that crazy.
It is like the story, “The Emperor’s New Clothes,” and during the parade the viewers are with the Emperor in their beliefs seeing imaginary clothes.
Remember the definition of insanity, “Repeating history and expecting a different outcome.”
There is a parade of lunacy going on.
Realize that there is a delay as the effects of these tariffs and even “virtual tariffs” have on the economy. That’s why I say things happen in slow motion. The adjustments are so small that they don’t get noticed until suddenly the forest is right next to the castle as if in the play MacBeth.
Uncertainty, certainly destabilizes a future and implies risk. Hard to measure, so it goes un-noticed. Right now it is kinda disregarded. Oh-well.
Cal
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