It's Tariff Tuesday. How is your portfolio doing?

  • Thread starter Thread starter Burgawnc
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Here is an odd thing I experienced yesterday.
In renewing P&C insurance on commercial properties, while agent was inputting the order yesterday afternoon, the order kicked-out because the rates increased from renewal quote provided last week.
Agent could not explain even after brlnging manager and tech support on the line. Not a significant increase, but an increase all the same.
After reflecting upon it, I am guessing the insurance market is expecting an aggregated higher risk as we head into an extended period of higher input cost and tighter money supply.
 
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Icky Mettle said:
We could be in the midst of another Great Depression and they would tell you that this is Trump playing chess.
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Reminds me of a joke.

Two men talking about the Lords Prayer.

Man1, you don't even know the lords prayer to man2.
Man2, I'll bet you $5 that I do.
Man1, ok I'll take that bet. Let's hear it.
Man2 starts: Now I lay me down to sleep...
Man1, ok here's your $5.
 
CFordUNC said:
The Trump Great Depression 2.0 is headed our way!!!!
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Probably. Interesting that the markets didn't really seem to move much on DOGE but start dropping on tariffs. That indicates to me that the DOGE actions are at best neutral for the economy while tariffs are an iceberg.
 
gtyellowjacket said:
Probably. Interesting that the markets didn't really seem to move much on DOGE but start dropping on tariffs. That indicates to me that the DOGE actions are at best neutral for the economy while tariffs are an iceberg.
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Numbers have been dropping in a variety of tech related fields pretty consistently over the last month, particularly for Nasdaq and cryptocurrency.
Nasdaq:
1741100566173.png

Bitcoin:
1741100499910.png
 
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gtyellowjacket said:
Probably. Interesting that the markets didn't really seem to move much on DOGE but start dropping on tariffs. That indicates to me that the DOGE actions are at best neutral for the economy while tariffs are an iceberg.
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No it's because they dont really know what's going on with doge. But when the unemployment starts to shoot up, it will resonate
 
gtyellowjacket said:
Probably. Interesting that the markets didn't really seem to move much on DOGE but start dropping on tariffs. That indicates to me that the DOGE actions are at best neutral for the economy while tariffs are an iceberg.
Click to expand...
That's an interesting point I hadn't considered but you're right. They didn't really drop precipitously on the DOGE stuff, but the tariffs implementation is a dagger for the markets. Ugh. Won't be taking a peek at the 401K's and IRA's anytime soon, I reckon!
 
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