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Originally Posted by PaceAdvantage
If these tariffs and this "Trade War" is so disastrous, how come the markets aren't reflecting this yet?
Or could it be these price increases you keep hammering that the US consumer is going to suffer through will amount to a whole lotta nothing?
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The market hasn't moved since Trump flouted it at the SOTU. Profits are way up yet hiring is fairly static and wages are flat...
All indicators are of a rock solid economy but the benefits of that aren't being passed along to workers... why is that?
Companies are back to sitting on their dollars just like they did under Obama... then it was taxes... now its trade.
Here is an example:
Tariff and trade talk is slowing investments in Alabama, Canfield says
Quote:
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"Uncertainty equates to risk, and risk is a very chilling factor when it comes to investing your money," Canfield told Bloomberg. "You either invest it somewhere else or you hold on to it until the situation becomes more certain."
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The old logic of the right-wing was that the government should get out of the way of the economy... this is just micromanaging in a different way...
