"To make matters worse, persistent inflation combined with high interest rates hurt smaller companies the most - magnifying the impact on the small caps index Russell 2000.

Why is that?

3 ingredients: 1. Tariffs. 2. Deportation. 3. Low Taxes (on billionaires, not you, buddy!)

In combination, this is a combustible mixture that'll make it difficult for the Fed to fight an inflation spike in coming months, and running into 2025 as the Trump presidency kicks off.

Of course, Trump might not implement policies around tariffs, deportations, and lower taxes that he promised. Or, let's hope they're not as severe as he's promised on the campaign trail.

But if he does, inflation will head north in a hurry.

The rules are simple. Higher tariffs will take cheaper goods out of the market. Prices will rise.

Mass deportations of illegal immigrants sounds reasonable - after all, they're illegal immigrants - except it'll make cheaper labor unavailable. On average, the price of services will go up."

more at the link

Yep!

And if you have some Saudi families or Peter Thiel or fElon Muskrat funding you, there's money to be made.

On the misery of others, but hey.

#6

It's your mind that's transitory.... you want us to believe you rather than Forbes' best economic team?

"This isn't going to end well.

Here's A Question

When things are bad, what do you expect Trump to do? Blame everyone else, or change his course on taxes, deportation, and tariffs?

There's certainly hope that his cabinet and loyalists will be able to sway his view into easing inflationary policies in the event they create spiking inflation before the U.S. economy plunges into a recession.

But if the easing does not materialize or comes into play too late, how bad can things get if there is another recession?"

from the thread article

#15

Moron Alert... immigrants are much less likely to commit crimes than are citizens in this country.

But hey, that's something you aren't familiar with; a fact.