Click here: to donate by Credit Card
Or here: to donate by PayPal
Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794
Thank you very much and God bless you.
Posted on 07/16/2025 12:04:30 AM PDT by Eleutheria5
A chaotic rollout of tariffs is starting to filter through to price tags on store shelves. An immigration crackdown is beginning to weigh on jobs growth, measured by federal surveys. Taken together, the impact of President Trump’s whirlwind six months back in office is showing up in the economy.
The effect isn’t yet enough to derail the economy, which by many measures has weathered Trump’s trade wars much better than many on Wall Street and in Washington feared. Economists see less risk of a recession now than three months ago, a Wall Street Journal survey found.
Yet a long stretch when Trump’s policies left little imprint on the hard data appears to be ending.
.....
Tuesday’s inflation numbers for June came in close to economists’ expectations at 2.7% annually. But there were price bumps on what Americans pay for key imports such as furniture and clothing, a potential sign of tariff-linked price increases that many economists think will continue in the months ahead.
.....
Today’s report showed that tariffs are beginning to bite,” Omair Sharif, founder and president of Inflation Insights, wrote in a note to clients.
Even as the stock market continued trading near records Tuesday, a selloff in government debt pushed Treasury yields higher...
Yet a long stretch when Trump’s policies left little imprint on the hard data appears to be ending.
.....
Tuesday’s inflation numbers for June came in close to economists’ expectations at 2.7% annually. But there were price bumps on what Americans pay for key imports such as furniture and clothing, a potential sign of tariff-linked price increases that many economists think will continue in the months ahead.
.....
(Excerpt) Read more at msn.com ...
|
|
Click here: to donate by Credit Card Or here: to donate by PayPal Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794 Thank you very much and God bless you. |
Pre-drawn conclusions much?
“ Omair Sharif, founder and president of Inflation Insights”
Yeah, right.
The doom-saying economists were wrong several months ago. Why should we expect them to be right now?
They expect to be right, despite the facts.
Because several months ago, tariff rates were merely introduced. Today, many will start to being implemented soon. It still can go either way, IMO. We should not accept that it will create hyperinflation, nor should we say it definitely will not increase the prices. My guess, it depends on the sectors.
It also depends on how fast supply lines can be replaced domestically or from favored countries. What’s appalling is how suddenly inflation, which was “transitory” and “minor” is now front and center, now that a leftist agenda is imperiled. When Reagan was for “free trade,” they were all protectionists. When Trump is now for “fair trade,” they’re all free traders.
The Dims are politicians. Whatever they (think) gonna work.
Sincere politicians adapt their policies to reality. The fakers try to adapt the public perception of reality to match their agenda. When the Germans invaded Poland, Neville Chambelaine went from being an appeaser to a war hawk. He was sincere in both instances, and wrong-headed in the former instance, and inept in the latter. So he was replaced.
Well inflation went up .2 percent…. Theyre vindicated!!! 😂
“It’s not a lie if you believe it”
Meanwhile the deficit is reduced and the dollar strengthens. Feds lower interest rates and by the end of 4 years the deficit may be eliminated.
The Democrat Party is a reactionary party that has no principles.
When will free traitors admit you were wrong?
Why do they need Principles when they have the teachers’ unions.
“ Omair Sharif, founder and president of Inflation Insights”
After Barbara Streisand divorced him, and he lost his leg playing Buzkashi, what else is there left for him to do?
That’s what I was thinking.
wow, the wall street journal used to be for Truth, care about us citizens and our country. now they are just another leftwing rag dumping all over us citizens and our President. not a shred of honor amongst them. nothing but disrespect. shun them all.
I could write for the WSJ. I already know their conclusions before they’re written. It’s the news paper to go to when you want imperialism and corporatism all in one.
Furniture and clothing. There’s enough furniture and clothing in antique shops, thrift stores and granny’s attic to last for decades.
Not too worried.
Kudlow was all over that. Said it’s BS.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.