Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today
Already have an account? log in
New Orders Collapse, Price Pressures Surge As Tariffs Upend US Manufacturing
Yuck.
That's one word to describe the juxtaposition between a sharp deceleration in a key gauge of
H, you predicted that quote weeks back when Trump started and halted his tariffs in 24 hrs.
Poor labor.
Make no mistake, I’m labor.
We will have 3 years and 10 months more of chaotic and shambolic governance.
How many times can Donny cry “tariff” before the market stops believing him? How many insiders already know what Trump is going to do tomorrow when tariffs are supposedly going to go into effect? How many millions did those insiders already make on Trump’s “crypto reserve” announcement?
Trump is only business friendly for those that cut him in on the profits. The rest of us will be left holding the bag. You either have to be part of the cult or a sociopath only focused on profit and/or power to support Trump.
Trump’s use of tariffs and tariff threats is so broad, erratic, and mercurial that it is having an economy-wide freezing effect and probably won’t cause as much re-shoring of supply chains as hoped.