JPMORGAN: The soft #PPI data suggests some producers are eating the cost of tariffs — but that “is not positive for the overall economic outlook.” 👀 - ThreadSky

carlquintanilla.bsky.social • 15 days ago

JPMORGAN: The soft #PPI data suggests some producers are eating the cost of tariffs — but that “is not positive for the overall economic outlook.” 👀

Comments

retiredlawyer.bsky.social•15 days ago

It's soft and will be revised.

effinggrim.bsky.social•15 days ago

Unmoored. Republicans cheering a massive tax on business they would start a civil war over if it was called a tax. Small businesses that can’t eat the tax just disappear.

austinrock.bsky.social•15 days ago

They are trying so hard to make it look like tariffs are not going to cause price hikes. I wonder what their breaking point will be?

zenwoman.bsky.social•15 days ago

Well face it, CEOs making MILLIONS while customers are starving isn't a good look. They should eat it.

ahumbleman.bsky.social•15 days ago

Seems extremely bad for future business prospects

Businesses are just taking their productivity increasing money and giving it to Trump so he can bail out farmers/be corrupt with it

fightingmongeese.bsky.social•15 days ago

Soon the real layoffs will catch up.

Don't forget who did this to us.

johnnycee.bsky.social•15 days ago

MAGA eats Trumps tariffs.

This is oligarchy, folks.

elliskatz.bsky.social•15 days ago

I wonder how many of these producers supported Trump/MAGA? For those who did and are now eating the cost of tariffs, seems only fair.

mlathrop.bsky.social•15 days ago

One of my EU vendors did eat the tariff, but I pay them in Euros so they actually are ahead since the dollar crashed so hard. So much winning.

probablerealist.bsky.social•15 days ago

When data rigor mortis finally begins to set in …

mkinva.bsky.social•15 days ago

It can only be temporary. And unaffordable for small businesses.

siamesecats.bsky.social•15 days ago

Also suggests to me that some producers may be temporarily absorbing the costs of tariffs to maintain their customer base because they anticipate that #TrumpsTariff regime is untenable and will be abandoned. https://bsky.app/profile/carlquintanilla.bsky.social/post/3lp7srocu522l

halleyhart.bsky.social•15 days ago

Without ships coming in, there won't be any goods to tax. I don't know if I'm getting supplies anymore

darwinwoodka.bsky.social•15 days ago

Businesses may eat the uncertainty for a little while but they have to either pass along the cost or cut their costs somehow, most likely with layoffs. We'l go into a stagflation and slow job growth period and into recession for sure.