Is Trump Breaking the Wheel?

Stocks are sliding again today. They will most likely finish today a bit higher than their low on Tuesday, but most of the gains from Wednesday will be gone. I've been bearish, in fact probably overly bearish, on stocks for a long time. Hence a correction in stock prices doesn't worry me. The correction in … Continue reading Is Trump Breaking the Wheel? →

Trying to make sense of Trump Tariffs? Don’t.

As of today, the Trump administration has announced a series of "reciprocal tariffs". The tariffs range from a low of 10% on Colombia, to a high of 46% on Vietnam. What the Trump administration means by "reciprocal tariffs" and how it calculates reciprocal tariffs can be found here . If until now you have thought … Continue reading Trying to make sense of Trump Tariffs? Don’t. →