Independent thinking for complex markets and current events
Stellantis just confirmed what trade hawks have been waiting for. The company posted a €2.3 billion net loss for the first half of 2025. That’s $2.7 billion gone. The trigger wasn’t vague. It was tariffs. The United States Reciprocal Trade Act went live in April. It authorized 25% duties on imported vehicles not built inside …
Tariff pain set to deepen in current quarter. Fox: General Motors shares T-boned by tariffs. The stock is diving 7% after the auto giant reported a 32% slump in quarterly profits due to a $1.1 billion hit from the tariffs, which GM says will worsen in the current quarter pic.twitter.com/Z4Z9THyxmR — FactPost (@factpostnews) July 22, …
The numbers came early. Stellantis dropped its unaudited first-half results on July 21. No waiting. No spin. The damage was too big to hold. Net loss landed at €2.3 billion. That’s $2.68 billion. Revenue fell to €74.3 billion. Last year’s first-half pulled €85 billion. That’s a €10.7 billion drop. The company suspended guidance in April. …
by confoundedinterest17 The media and Democrat politicians love to fear monger about how Trump’s tariffs would cause inflation and unemployment. But June’s import prices showed no inflation at all. In fact, import prices FELL -0.2% YoY. The latest jobs report revealed that U-3 unemployment FELL to 4.10%. But don’t worry. Elizabeth Warren (D-MA) will get hysterial …
🇨🇦 CANADIAN DOLLARS CAN SURVIVE ANYTHING Except maybe U.S tariffspic.twitter.com/OSZoB0efAv https://t.co/2coIGiBXrp — Mario Nawfal (@MarioNawfal) July 19, 2025
“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 …
This is how they usher in great depression. Canada PM Mark Carney Concedes He May Not Be Able to Convince Trump to Drop Tariffs https://t.co/KoDpKWqB35 via @BreitbartNews — bronxboy1 (@bronxboy1) July 16, 2025 Leftist Canadian Prime Minister Mark Carney told reporters on Tuesday that he believes it is possible a final trade agreement with the …
The Consumer Price Index rose 0.3% month-over-month, matching forecasts and doubling May’s 0.1% print. Year-over-year, CPI hit 2.7%, the highest since January. Core CPI, which excludes food and energy, climbed 0.2% on the month and 2.9% on the year. That’s three straight months of acceleration. The Federal Reserve’s target is 2%. We’re above it. Energy …
Trump: We are very unhappy — I am, with Russia.. We will be doing very severe tariffs if we don't have a deal in 50 days. Tariffs at about 100%.pic.twitter.com/cC9FurVUhg — The Intellectualist (@highbrow_nobrow) July 14, 2025 Trump sitting next to NATO secretary: "One of the reasons that you're here today is to hear that …
I had a good meeting with U.S. Senators @LindseyGrahamSC and @SenBlumenthal. I’m grateful for their participation in the Ukraine Recovery Conference, as well as in the meeting of the Coalition of the Willing. It is important that the United States joined this format – for the… pic.twitter.com/SmAdgSbznM — Volodymyr Zelenskyy / Володимир Зеленський (@ZelenskyyUa) July …
Japan is not blinking. Trade talks with the United States have dragged into July with no deal in sight, and Tokyo is holding its line. President Trump has labeled the Japanese “the spoiled ones,” frustrated by their refusal to concede on rice imports and auto tariffs. The original July 9 deadline for new tariffs has …
The dollar just found its floor and the setup heading into late July is cleaner than it has been all year. Let’s get into why this moment matters. Start with tariffs. April 7 marked the peak of U.S. trade pressure. That shockwave hit every dollar pair hard, and by mid-April, the market had fully absorbed …
President Donald Trump made a series of pointed remarks during a July 9 cabinet meeting, touching on monetary policy, trade negotiations, and media priorities. The most direct statement concerned Federal Reserve Chair Jerome Powell, whom Trump said should “resign immediately.” The comment follows weeks of criticism over Powell’s handling of interest rates and the $2.5 …
You can’t create new copper mines in our country. The copper mines in the world are where they are. There’s literally nothing you can do about it. You can tariff copper 10,000% and it still won’t change the fact that most of the copper on earth is in Chile and Peru. Why… pic.twitter.com/ffRehW6row — Spencer …
Can we finally admit that tariffs did not create an inflationary shock to the economy? https://t.co/qG0rv9cVK6 — Craig Fuller 🛩🚛🚂⚓️ (@FreightAlley) July 9, 2025 🚨 BREAKING: US Inflation Index drops to 1.66%. The experts are fuming. Cut interest rates. pic.twitter.com/zdZbyKJUOd — Eric Daugherty (@EricLDaugh) July 9, 2025 🚨 HUGE NEWS: Since President Trump took office… …
The fiscal alarm bells aren’t hypothetical anymore. Financial markets are now operating under a base case scenario that expects the United States to add another $10 trillion in debt by 2028. That would put total federal debt at $46 trillion, up 100% from 2020. On July 9, the debt increased $366 billion in a single …
The White House is now operating on letterhead. On Monday, President Trump issued formal trade warnings to 14 countries, each receiving a tailored notice outlining new tariff rates on exports to the United States. The letters, posted publicly on Truth Social, detailed duties ranging from 25% to 40%, with enforcement set to begin August 1. …
What’s happening now fits squarely within my thesis that Powell is using monetary policy not just to manage inflation, but as a geopolitical weapon of delay, designed to trap adversaries and force the world to bend to U.S. dollar hegemony. The recent stalling of a September rate cut isn’t just about economic data; it’s about …
CNBC’s Megan Cassella joins ‘Squawk on the Street’ to discuss the latest news on newly announced tariffs from the White House.
Could just be my imagination, but I think on-line retailers have started charging more for shipping, including upping the minimum purchase for free shipping. Companies are expected to pass on 70% of the direct cost of tariffs to consumers through higher prices, warns Goldman Sachs byu/RobertBartus inEconomyCharts h/t Capital_Historian685
The market just hit a record and looks like it wants to go higher. But something ugly is brewing underneath. The S&P 500 hit 6214 on July 3, yet liquidity is drying up. Volume is fading. Breadth is deteriorating. And the Fed is boxed in. This time the cracks are real. The tariff wave is …
President Trump announced a trade deal with Vietnam on July 2 that slaps a 20% tariff on every Vietnamese product shipped to the United States and a 40% tariff on goods transshipped through Vietnam. In return, Vietnam agreed to impose 0% tariffs on all American goods entering its market. That includes cars, meat, grain, and …
Tariffs are currently generating over $300bn in revenue, an increase from closer to $80bn a year ago pic.twitter.com/THwYPvlcPJ — Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) July 2, 2025
President Trump is turning up the heat on Tokyo. With the July 9 tariff deadline closing in, he’s made it clear that Japan could face new duties of 30% to 35% on exports to the United States. The warning came during a press briefing and was later echoed on Truth Social, where Trump accused Japan …
Carlos Gutierrez, former U.S. Commerce Secretary, says complex negotiations and tough trade demands are delaying deals. He expects reciprocal tariffs soon, but a China deal will likely take longer.
Export prices fall three months straight pressure builds on yen… BREAKING: Japan’s passenger car export prices to North America dropped -12.0% M/M in May, the largest decline on record. This follows a -4.5% decrease in April, driven by the 25% US tariff imposed on auto imports from Japan. Meanwhile, total export prices in yen terms …
Jerome Powell just confirmed what markets already suspected. The Federal Reserve would have cut rates by now if it weren’t for the tariff barrage coming out of the White House. That’s not speculation. That’s Powell’s own words. Inflation forecasts jumped after Trump’s tariff plan hit the tape. The Fed froze. The rate path changed. And …
President Trump spoke out, saying Japan “won’t take our RICE.” He even suggested sending a letter about putting higher taxes on their goods. This is happening even though Japan actually needs rice and has been buying a lot from us. In 2024, Japan bought over $337 million worth of American rice. And this year, they …
Canada just sent a $2 billion invoice to American tech firms. No warning. No negotiation. Just a retroactive tax bill going back to January 2022. The 3% Digital Services Tax is now live. Google, Meta, Amazon, Uber, and others are on the hook. The first payment is due June 30, 2025. The tax applies to …
