Showing posts with label tariffs. Show all posts
Showing posts with label tariffs. Show all posts
Thursday, March 26, 2026

Trump provides 77.3 million who voted for him an out, acknowledges he appointed Supreme Court justices who now sicken him lol

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  What's good for the goose is good for the gander.   Trump says Justices Barrett, Gorsuch ‘sicken me’ after Supreme Court tariff ruling...
Friday, March 20, 2026

Trump thinks high interest rates are all Powell's fault when they are HIS: The war in Iran, the tariffs, the addition of $2 trillion in debt in seven months

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Friday, February 20, 2026

Extra! Extra! Read all about it! Supremes rule 6-3 that IEEPA law does not permit Trump's tariffs on the world, Thomas, Alito, and Kavanaugh dissenting

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Supreme Court strikes down Trump tariffs, rebuking president’s signature policy ... Many of those tariffs were invoked using a novel readin...
Thursday, February 19, 2026

The massive trade deficits were the main reason Trump instituted his equally massive tariffs to eliminate them, but they're still here lol

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    U.S. trade deficit totaled $901 billion in 2025, barely budging despite Trump’s tariffs ...
Wednesday, February 18, 2026

White House economic advisor Kevin Hassett, thankfully passed over for Fed chair, wants NY Fed authors punished for tariff paper he disagrees with

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What a jerk.   Hassett says authors of New York Fed tariff study should be disciplined: ‘Worst paper I’ve ever seen’ ... The people associat...
Friday, February 13, 2026

On the eve of the election Trump promised cheaper grocery prices, but breakfast costs nearly 8% more in Jan 2026 than it did then

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  A basket of bacon and eggs, whole wheat bread and butter, coffee and whole milk, and orange juice cost on average $32.47 in the United Sta...
Thursday, February 12, 2026

U.S. House votes 219-211 to overturn Trump tariffs on Canada

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  House votes to override Trump’s Canada tariffs ...  the effort is likely symbolic. Even if the Senate approves Meeks’ resolution, Trump wo...
Wednesday, February 11, 2026

Ford Motor blames tariff timing and fires at an aluminum plant for earnings miss when it was its electric vehicle business

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  Ford reports worst quarterly earnings miss in four years, guides for better 2026   ... On an unadjusted basis, the company’s net loss of $...

Representatives Massie, Kiley, and Bacon revolt against House GOP and vote with all Democrats to take back Congress' Article I tariff power from the president

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Expect tariff votes in the U.S. House in the near future, but not necessarily victories.   GOP defectors help spike House measure to block t...
Tuesday, February 3, 2026

The New York Times on the global economy had me and then it lost me

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Because it, like too many commentators, uses an obsolete dollar index in DXY, which measures dollar strength or weakness relative to just SI...
Friday, January 30, 2026

The wealth inequality of today's K-shaped economy goes back to the Reagan Revolution

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Wealth inequality and the ‘K-shaped’ economy are more striking than ever, data shows   They take vacations and buy luxury goods. You struggl...
Thursday, January 29, 2026

The U.S. trade balance has worsened after one year of Trump tariffs lol

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  Trade balance soared 94% in November and was higher than a year ago, despite tariff efforts   ... On a year-over-year basis, the deficit t...
Thursday, January 22, 2026

The case for stock market manipulation in the case of the proposed tariff penalties over Greenland is very weak

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The tariff idea was floated before lunch on Friday, Jan 16. Stocks closed down just 4-points that day. The scale of the subsequent market re...
Wednesday, January 21, 2026

Trump always chickens out: Tariffs over Greenland canceled

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SPX up 1.27%, long yields down 4 basis points, gold and silver cool off. Same shit, different day.  

House Speaker Mike Johnson, who claimed to be a constitutional law attorney in 2016, says the president has tariff authority under Article Two of the Constitution when Article One gives it to the Congress

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Tuesday, January 20, 2026

Spot gold hit a record high $4,765.93 today, spot silver a record $95.87

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 -- CNBC Ratio 1:49.71 

Yields give the finger to The Don for tariff threats over Greenland

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Friday, January 16, 2026

If Trump had any imagination whatsoever he'd float Greenland Bonds as a proposal to finance a Greenland purchase

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  Instead it's just negative waves all the time.  Trump floats new tariffs in push to acquire Greenland   Trump could propose a purchase...
Tuesday, January 13, 2026

Mark Zandi: Missing data from October and November combined with tariffs means inflation is still probably higher than it appears, closer to 3% year over year rather than 2.6%

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From the story here :  ... “The bottom line is, I think inflation is still uncomfortably high,” said Mark Zandi, chief economist at Moody’s...
Tuesday, January 6, 2026

As usual Trump puts the cart before the horse: If you don't already have total access, you're not in charge

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And you don't put protective tariffs on trade when you have nothing to protect.   “We’re in charge,” he told reporters. “We need total ...