Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of MacroBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of MacroBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Personal Finance / Macroeconomic Trends & Risks
Unthreaded | Threaded | Whole Thread (8) |
Author: UpNorthJoe   😊 😞
Number: of 4460 
Subject: Re: China Tariffs
Date: 05/13/25 5:54 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 6
"But I have to admit that there are situations or worldviews in which it's not inflationary. If you work at it."

I'm looking at inflation as an American consumer would, not how an economist would look at it. All I heard from MAGA during the Biden years was that they are getting killed when they go to the grocery store, or to the gas station. Many also claimed that they were priced out of the housing market. From that perspective, if tariffs are raised on imports, groceries and other goods will go up in price. This is inflation, to the lay person. Now, all of a sudden, when Trump is in power, MAGA seems to not have the same fear of inflation hitting their wallet. They, in unison, say BS like Trust Trump, trust the process. I have zero trust in Trump, and the last couple of days have shown that not even Trump trusts the tariff process.

I rolled money into stocks today, bought IJR and IJH in taxable and IRA.
I am heavy on short term fixed income, have T-bills and CD's maturing monthly.
I will be easing back in, don't care if I miss out on any short term gains.
Trump has still let the genie out of the bottle in regards to the global economy and
trade barriers, so there will be some repercussions from the tariff episode he subjected
us all to. And he will almost certainly do more stupid stuff in the next 3 years, lol.

From what I've seen, the Markets and the other nations of the World have called Trump's
bluff, and kind of slapped him around. Of course, he spouts his usual nonsense about
blah, blah, blah, great victory, MAGA ! But he is showing himself to be spineless,
which is a good thing.
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to UpNorthJoe here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 4,454 posts about Macroeconomic Trends & Risks. The article-length ones it recommended most:
AI Tarpits · 36 recs · 2026
End of an era - profit slowdown · 36 recs · 2023
Control Panel: Trend changes in 2026 · 34 recs · 2026
From the Oregon Bay Area (a blogger) · 33 recs · 2025
Lerner Symmetry Theorem · 32 recs · 2025
Unthreaded | Threaded | Whole Thread (8) |


Announcements
Macroeconomic Trends & Risks FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of Macro | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community