TARIFFS AND THE MARKET

On April 5,2025 10% Tariff took effect. Dow fell from 42000 on April 5th to 38000. On April 9th, Mr. Trump backed away from parts of his plan, announcing a 90 day pause on the reciprocal tariffs, and lowering the tariff rate to 10% for almost all nations. Stocks rose 8.4% on the S&P 500Continue reading “TARIFFS AND THE MARKET”

Democracy

The Manifest 2025 gang seems to be so enthusiastic about the acquisition of the power they are now wielding through Trump and Musk that they are fumbling over each other. Subsequently, we see mass firings and a rehire of federal employes and other foolish actions. It reminds me of the Red Guard under Mao, whoContinue reading “Democracy”