Ah okay so they are going to bring back the reciprocal tariffs. Good! *LEAVITT: NO PLANS TO EXTEND JULY 9 TRADE DEADLINE - ThreadSky

peark.es • 2 days ago

Ah okay so they are going to bring back the reciprocal tariffs. Good!

*LEAVITT: NO PLANS TO EXTEND JULY 9 TRADE DEADLINE

Comments

mattgill.me•2 days ago

maybe there will be a secret third (even dumber) thing

deficit-hawktuah.bsky.social•2 days ago

I know the US economy is insanely robust but taking a hammer to it like this over the course of months, even with the TACO crap, has to have a cumulative negative effect right?

alphabetzel.bsky.social•2 days ago

Hope those penguins on the McDonald Islands stocked up.

lazear.bsky.social•2 days ago

Gonna stash away some cash now to buy the inevitable dip when the stupidity comes a calling.

peopledied2vote.bsky.social•2 days ago

You mean like, "Hey, look, Tesla stock is cheap!"

lazear.bsky.social•2 days ago

More "Hey look the SP 500 is falling for the next two days. Gonna buy some VOO before TACO happens".

deus01.bsky.social•2 days ago

We're at all time highs with 10% tariffs so should go even higher with the bigger tariffs

ninjanik.bsky.social•2 days ago

What would tariffs send stocks higher

deus01.bsky.social•2 days ago

Because we have huge tariffs now and stocks are at highs

ninjanik.bsky.social•2 days ago

I know i was just looking for maybe you had Math or a formula to explain how this would make sense

ninjanik.bsky.social•2 days ago

Why*

isaiahbishop.bsky.social•2 days ago

Inflation revised up, GDP revised down? sounds like the pace of bad news is slowing

deus01.bsky.social•2 days ago

Higher inflation means future cash flows are higher and Trump is going to make the Fed cut so the PV of those cash flows is also higher

tomscud.bsky.social•2 days ago

taco trade back in the building

bonfire25.bsky.social•2 days ago

lol

homeontherange.bsky.social•2 days ago

Incredible

mikedonnelly.bsky.social•2 days ago

extending the pause is the right decision, ending the pause is the right decision.
war with iran is the right decision, a ceasefire is the right decision, no ceasefire is the right decision
making deals is the right decision, no deals is the right decision....

khartsun.bsky.social•2 days ago

hahahaha phase 2 tariff of apocalypse returns

i-bresnick.bsky.social•2 days ago

If the problem was that the White House was merely incompetent, we'd end up with some kind of deal. The inevitable pain of tariffs hitting in the fall and winter would be a terrible opening bell for the midterm campaign season.

i-bresnick.bsky.social•2 days ago

But the problem isn't just that the White House is incapable of getting a GOOD deal, they're incapable of seeing the value of having a deal beyond having said they'd get one.