Hopes of US golden age fade as investors start to worry about ‘Trumpcession’ risk

[Tommy Tainant]

Hopes of US golden age fade as investors start to worry about ‘Trumpcession’ risk

Tariffs are dampening consumer confidence and fears of a downturn seem to be weighing on the dollar

www.theguardian.com

I think that is a bit alarmist. these things can turn on a sixpence. In any recession there is money to be made. Mainly by speculators rather than people who make things but still its money.

Having said that I am out of the US market at the moment bar for a few odds and ends.

It is the uncertainty that is driving that. Investors like to know what the plan is before putting monwy in. Business does especially.

The off on pattern of tariffs will not enxourage large imvestment in the economy. Not when the tariffs may be pulled in a few says. There are mixed messages coming out of Washington. And its best to sit tight until the future is a bit clearer. Thats the confidence thing I guess.

 

[Zincwarrior]

private employers added just 77,000 jobs in February.

https://www.cnbc.com/2025/03/05/adp-jobs-report-february-2025-.html

 

[Dekster]

Hopes of US golden age fade as investors start to worry about ‘Trumpcession’ risk

Tariffs are dampening consumer confidence and fears of a downturn seem to be weighing on the dollar

www.theguardian.com

I think that is a bit alarmist. these things can turn on a sixpence. In any recession there is money to be made. Mainly by speculators rather than people who make things but still its money.

Having said that I am out of the US market at the moment bar for a few odds and ends.

It is the uncertainty that is driving that. Investors like to know what the plan is before putting monwy in. Business does especially.

The off on pattern of tariffs will not enxourage large imvestment in the economy. Not when the tariffs may be pulled in a few says. There are mixed messages coming out of Washington. And its best to sit tight until the future is a bit clearer. Thats the confidence thing I guess.

We will see how it shakes out. In theory the counter tariffs will reduce demand for some US goods which could make them cheaper for US consumers as companies struggle to keep up their sales volume to appease the fickle Wall Street crowd. In other words, Boozy Mrs. Dekster may pick up the slack of you not buying California wine if they drop the price.

 

[Tommy Tainant]

We will see how it shakes out. In theory the counter tariffs will reduce demand for some US goods which could make them cheaper for US consumers as companies struggle to keep up their sales volume to appease the fickle Wall Street crowd. In other words, Boozy Mrs. Dekster may pick up the slack of you not buying California wine if they drop the price.

I would expect a small boost due to panic buying as well.
But Im not sure I will want to re tool my factories until we can work out what is going to happen. Those billions can stay in my pocket for now.

 

[Dekster]

I would expect a small boost due to panic buying as well.
But Im not sure I will want to re tool my factories until we can work out what is going to happen. Those billions can stay in my pocket for now.

I panic bought some Stilton in case blue cheese gets wrapped up in it

I fully support the counter tariffs and hope that the numbers settle down some but that a more level playing field results eventually even if it takes 4 years to get there. Trump isn't wrong in wanting tariffs---he is just a bit brash in how he is going about it.

 

[Tommy Tainant]

I panic bought some Stilton in case blue cheese gets wrapped up in it

I fully support the counter tariffs and hope that the numbers settle down some but that a more level playing field results eventually even if it takes 4 years to get there. Trump isn't wrong in wanting tariffs---he is just a bit brash in how he is going about it.

Stilton is doing badly these days apparently.

 

[Dekster]

Stilton is doing badly these days apparently.

HP sauce and Stilton are the two UK products I would buy even if the price doubled.

 

[Tommy Tainant]

Stilton® sales drop by up to 30% as a result of Covid-19 pandemic – Stilton Cheese

 

[John Edgar Slow Horses]

The Trumpcession began January 21, 2025.

 

[Tommy Tainant]

The Trumpcession began January 21, 2025.

Trump policies are impoverishing ordinary people.