uncharted

U.S. to have highest tariffs of any industrialized nation under Trump’s plan. Markets in uncharted waters, pundits have no clue what happens next

Trump’s tariff announcement will give the United States the highest tariff rates of any industrialized country byu/RobertBartus inEconomyCharts There is absolutely no way to assess what will happen next to the economy and the markets. Nobody knows anything, don’t waste your time listening to pundits. We are in uncharted waters. pic.twitter.com/GwRgPrBLhK — Michael A. Arouet …

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The World Bank has issued a warning that oil prices could surge dramatically and enter uncharted waters if the conflict escalates.

by thetimeisgold The World Bank is warning that oil prices could be pushed into uncharted waters if the conflict in the middle east escalates. (Info here) They said oil prices could hit $150 If oil prices rise significantly, it could drive inflation higher, which could call for echos of the 1970s. Nightmare scenario for everyone. I …

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