Independent thinking for complex markets and current events
The economy just got punched. $31 billion in tariffs hit in a single month. August didn’t end in prosperity or surplus. It ended in extraction. Every dollar was drained from consumers and corporations, funneled straight into the Treasury’s vault. The machinery of wealth didn’t grind forward, it was siphoned sideways. Importantly, tariffs are being paid …
“Japan’s passenger car export prices to the US declined by a cumulative 20% or so in April-June. This implies that, for the time being, the Japanese auto industry is absorbing more than half of the 25 pp additional tariff on passenger cars, thereby mitigating the rise in US selling prices. If this trend were to …
$AMZN wants suppliers to eat the tariffs pic.twitter.com/R19xrdGogA — Markets & Mayhem (@Mayhem4Markets) April 29, 2025 AMAZON TO SHOW COST OF TRUMP TARIFFS ON EACH PRODUCT: PUNCHBOWL — *Walter Bloomberg (@DeItaone) April 29, 2025 🇨🇳TEMU SLAPS 145% IMPORT CHARGES AFTER TRUMP TARIFFS Temu just dropped a bomb on U.S. shoppers—adding “import charges” around 145% because …
Bitcoin is basically a USD stablecoin at this point. Follows the dollar up and down. Hardly a store of value though if it tanks along with the dollar. h/t Decent-Addition-3140