If a store increases their prices by 150% but later reduces that increase to a lower price (but one that is still higher than the original price), is it really a price reduction?
Do you celebrate that price reduction?
Do you give credit to the store for making that price reduction?
BOTTOM LINE:
1. The Stock Market is not fooled. The recent Stock Market increases still have not returned to levels that existed before this whole tariff fiasco.
2. There's little reason to give credit to someone who removes (or at least delays) the tariffs they imposed.
RE: #267 | Posted by lee_the_agent at 2025-06-22 11:26 AM
"Infantry wins battles; logistics wins wars,"
- attributed to General John J. Pershing.
At the risk of pointing out the obvious, any US involvement in a Middle East conflict presents the US with a distinct logistical disadvantage.