Tariffs Catch-All

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heelinhell said:
I was pursuing a BA in grifting and those courses were not required . I thought about taking that course in real estate fraud as an elective but after looking at the course description with its big words that I did not understand and all the required readings in the syllabus that required reading, I decided to take " How to Enrich Yourself With the Establishment of a Charitable Foundation "
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You should have looked to page 2 of the syllabus. The entirety was Fuck Trump, Fuck Trump, Fuck Trump x 100. I felt safe because it was on page 2. No danger of that being seen.

But Char Found, as it was colloquially known, was a good course too. I knew the instructor -- a guy named Mernie Badoff. Seemed nice enough.
 
Patb78 said:
The days of the Kaiser Shipyards building hundreds of Victory and Liberty ships are long gone.
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This administration’s policy, after grifting, is to advance us to the past.

Maybe he will require Ford and Chevy to re-release some classic '60's and '70's era cars. With carburetors of course.
 

The ‘TACO trade’ is the talk of Wall Street. Here’s one way to play it.​

Tariff threats may still offer near-term opportunity but won’t determine market’s next big move, strategist says​


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www.marketwatch.com

“… Wall Street loves a catchy acronym, and the TACO trade, coined earlier this month by Financial Times columnist Robert Armstrong, has captured the mood as investors and analysts attempt to make sense of the roller-coaster market action that has followed President Donald Trump’s sweeping tariff threats and subsequent walk-backs.

It stands for “Trump always chickens out.” The idea is that investors have profited by buying the dip that has followed Trump’s tariff threats….”
 
nycfan said:

The ‘TACO trade’ is the talk of Wall Street. Here’s one way to play it.​

Tariff threats may still offer near-term opportunity but won’t determine market’s next big move, strategist says​


Loading…

www.marketwatch.com

“… Wall Street loves a catchy acronym, and the TACO trade, coined earlier this month by Financial Times columnist Robert Armstrong, has captured the mood as investors and analysts attempt to make sense of the roller-coaster market action that has followed President Donald Trump’s sweeping tariff threats and subsequent walk-backs.

It stands for “Trump always chickens out.” The idea is that investors have profited by buying the dip that has followed Trump’s tariff threats….”
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“… As market economist David Rosenberg of Rosenberg Research put it in a Wednesday note: “The question is, at what point will the President’s credibility become impaired because you only get so many tries at kicking the tariff can down the road … As for the markets, they are playing the role of dog in President Trump’s impersonation of Ivan Pavlov.”

…
Essaye said that while the TACO trade has worked, investors shouldn’t get complacent. Don’t look past the fact that the tariff burden is now higher and will slow growth and inflation, he said.

Investors can play the TACO trade in the short term by buying cyclical sectors, such as consumer discretionary


XLY
+2.95%
, tech

XLK
+2.38%
, financials

XLF
+1.76%
, and energy

XLE
+0.87%
, which tend to get hardest after tariff threats but tend to bounce back biggest, he said, recommending they spread a full position out over the course of a day or two after the initial threat.

What about a long-term play? The best bet there is to ignore the TACO trade, Essaye said.

“What will determine the next 15%-20% in this market isn’t Trump’s tariff talk. Instead, it’s the economy and whether it can hold up amidst tariffs, policy volatility, higher interest rates, no Fed rates cuts and pressure on consumer spending,” he said.…”
 
nycfan said:

The ‘TACO trade’ is the talk of Wall Street. Here’s one way to play it.​

Tariff threats may still offer near-term opportunity but won’t determine market’s next big move, strategist says​


Loading…

www.marketwatch.com

“… Wall Street loves a catchy acronym, and the TACO trade, coined earlier this month by Financial Times columnist Robert Armstrong, has captured the mood as investors and analysts attempt to make sense of the roller-coaster market action that has followed President Donald Trump’s sweeping tariff threats and subsequent walk-backs.

It stands for “Trump always chickens out.” The idea is that investors have profited by buying the dip that has followed Trump’s tariff threats….”
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Quoting as emphasis in case any of our MAGA lurkers are still clinging to the notion that Trump is some master negotiator and has a plan (or even a clue) in regards to the tariffs.
 
ChileG said:
Quoting as emphasis in case any of our MAGA lurkers are still clinging to the notion that Trump is some master negotiator and has a plan (or even a clue) in regards to the tariffs.
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He rants like a badly behaved child …

“… Biden. This country was dying. You know we have the hottest country anywhere in the world. I went to Saudi Arabia, the king told me, he said you’ve got the hottest [tries to say country, says kum], we have the hottest country in the world right now. Six months ago this country was stone cold dead. We had a dead country. We had a country people didn’t think was going to survive and you ask a nasty question like that. Uh It’s called negotiations and you set a number and if you go down you know if I set a number at a ridiculous high number and I go down a litttle bit you know a little bit they want me to hold than number you know 145% tariff, even I said that really got up. You know how it got? Because of fentanyl and all and many other things and you added it up. I said where are we now? We’re at 145% and I said wooo that’s high. We were very nice to China. I don’t know if they’re going to be nice to us but we were very nice to China. And in many ways I think we really helped China tremendously because you know they were having great difficulty because we were basically going cold turkey with them … because of the tariffs. I knew that. But don’t ever say what you said. That’s a nasty question…”
 
nycfan said:


He rants like a badly behaved child …

“… Biden. This country was dying. You know we have the hottest country anywhere in the world. I went to Saudi Arabia, the king told me, he said you’ve got the hottest [tries to say country, says kum], we have the hottest country in the world right now. Six months ago this country was stone cold dead. We had a dead country. We had a country people didn’t think was going to survive and you ask a nasty question like that. Uh It’s called negotiations and you set a number and if you go down you know if I set a number at a ridiculous high number and I go down a litttle bit you know a little bit they want me to hold than number you know 145% tariff, even I said that really got up. You know how it got? Because of fentanyl and all and many other things and you added it up. I said where are we now? We’re at 145% and I said wooo that’s high. We were very nice to China. I don’t know if they’re going to be nice to us but we were very nice to China. And in many ways I think we really helped China tremendously because you know they were having great difficulty because we were basically going cold turkey with them … because of the tariffs. I knew that. But don’t ever say what you said. That’s a nasty question…”
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"Nasty question" = a question that he can't answer because it's provably the truth. So instead he just deflects and rants for awhile and threatens the reporter to not ask him questions like that again. But MAGA is all up in arms because Scott Pelley at his Wake Forest commencement address pointed out the truth that Trump 2.0 is bullying his critics into silence and has become an authoritarian regime.
 
nycfan said:


He rants like a badly behaved child …

“… Biden. This country was dying. You know we have the hottest country anywhere in the world. I went to Saudi Arabia, the king told me, he said you’ve got the hottest [tries to say country, says kum], we have the hottest country in the world right now. Six months ago this country was stone cold dead. We had a dead country. We had a country people didn’t think was going to survive and you ask a nasty question like that. Uh It’s called negotiations and you set a number and if you go down you know if I set a number at a ridiculous high number and I go down a litttle bit you know a little bit they want me to hold than number you know 145% tariff, even I said that really got up. You know how it got? Because of fentanyl and all and many other things and you added it up. I said where are we now? We’re at 145% and I said wooo that’s high. We were very nice to China. I don’t know if they’re going to be nice to us but we were very nice to China. And in many ways I think we really helped China tremendously because you know they were having great difficulty because we were basically going cold turkey with them … because of the tariffs. I knew that. But don’t ever say what you said. That’s a nasty question…”
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I really wish one of the reporters close to requirement would retort with, “oh, stop being such a baby and just answer the question.”
 
BlooVooDoo said:
I actually prefer knobs, physical buttons and switches to touchscreens for climate and audio controls so there might be a silver lining.
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Occasionally, I drive my Dad’s newer Acura rather than my older Accord.

The Accord has proper controls - dials and knobs and on the radio, push buttons for 6 stations. I can jump from WUNC (91.5 FM) to WCHL (97.9 FM) without looking. I can change the AC/heat, radio volume, set the cruise control, etc. without looking.

The Acura has a screen the size of an iPad that seemingly controls everything. I have to look at it to do most things.
 
1moretimeagain said:
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I have been waiting for this ruling. The constitution gives Congress the power to regulate trade, not the executive. And although Congress has slowly let the executive usurp that power, it is good to see that the courts will not let the constitution be a meaningless document. Let's see if this case (and the related cases) make it up to the Supreme Court.
 
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