Economic activity is falling off a cliff and any activity that remains, the prices are going up.
Absolute worst scenario for policy makers here especially with no meaningful idea of how permanent tariffs will be.
Weāre at a phase now where even if they get removed today theā¦
To state the obvious, it does not help our countryās and our presidentās negotiating position to be trying to strike deals while our market is collapsing.
Whoever is recommending that idea to President @realDonaldTrump should be fired now.
In 2012, @BarackObama set a red line with Syria on the use of chemical weapons. A year later, Assad gassed and killed 1,400 non-combatants. We did nothing.
In 2014, Putin invaded Crimea. We did nothing.
In September 2021, we abandoned Afghanistan in a sloppy withdrawalā¦
Accounting is the language of business
But, itās FILLED with incoherent jargon
Here are 8 of the most confusing terms explained in plain English: ⤵ļø
"It All Adds Up To One Word: Pain": Traders Forced To Chase Gamma Higher As Stocks Refuse To Drop Despite Dire News And Data zerohedge.com/markets/it-allā¦
JPMorgan, $JPM: āWhile some may argue the US is already in recession .. this is inconceivable for a labor market that has generated close to 500k average monthly gains for the past six months."
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