Economic News

[superrific]

That's a net IMPROVEMENT of 6% since October. WTF?!?!?

It's really only three points of movement. 3% of people going from poor to good produces six on net.

And that's well within the margin of error of the poll. Not to mention that polls can be inaccurate outside of their margin as well.

I'd say the big takeaway here is that the net approval remains about 30 percent and the disapproval more than twice that.

 

[BillOfRights]

Government was shut down in October.

Also unchanged from January, March, and April. So basically flat from January through tariffs announcement through October, but improves now?

 

[nycfan]

 

[nycfan]

 

[heelinhell]

The stable genius doing his thing in Davos

Dow futures down over 600 pts
NASDAQ futures down over 450 points
S&P futures down over 100 points

https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-nasdaq-futures-sink-as-trump-tariff-threats-and-bond-sell-off-rattle-nerves-235748016.html

 

[nrsair]

US tariffs are paid almost entirely by Americans, a German study finds

US tariffs under Donald Trump have been paid almost entirely by Americans, with foreign exporters paying for only 4%, a German study found.

www.businessinsider.com

Surprising no one with a brain, American importers and consumers are bearing 96% of tariff costs.

 

[nycfan]

Anyone gotten notice of their credit card rate being capped yet?

 

[nycfan]