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Halls of Shrewd'm / US Policy
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Author: Banksy 🐝 HONORARY
SHREWD
  😊 😞

Number: of 77800 
Subject: "Business Severely Depressed"...
Date: 11/03/25 2:36 PM
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No. of Recommendations: 11
It's almost like Trump has no idea how an economy works...

"American manufacturing contracted for the eighth month in a row, a new survey showed, and there appeared to be no end in sight." Anybody know what happened 8 months ago?...

"Business continues to be severely depressed. Profits are down and extreme taxes (tariffs) are being shouldered by all companies in our space," said one executive at a maker of transportation equipment.

"Steel tariffs are killing us," another manufacturer told ISM.

"The tariffs are still causing issues with imported goods into the U.S.," an executive at a chemical maker said. "The inflation issues continue."

Also avoid any fishing trips in the Caribbean.

https://www.morningstar.com/news/marketwatch/20251...
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Author: g0177325 🐝  😊 😞
Number: of 77800 
Subject: Re: "Business Severely Depressed"...
Date: 11/03/25 2:42 PM
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Have no fear, dissembling mega millionaire fabulist Scott Bessent says, while constantly smirking like he knows something we don't:

Treasury Secretary Scott Bessent expressed confidence in the trajectory of the U.S. economy, citing key deflationary trends, tax policy changes, and incoming tax refunds for working Americans.

The US Economy ‘Looks Great’
Commenting on the nation’s domestic economic picture, Bessent said that “things look great,” while appearing on Fox Business’ Larry Kudlow.

“I think 2026, 2027 are going to be great years,” he said, pointing to President Donald Trump’s recently enacted tax reforms, with “no tax on tips, no tax on overtime, no tax on Social Security, deductibility of auto loans for American cars,” which Bessent said is helping boost real income.


https://finance.yahoo.com/news/scott-bessent-says-...
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Author: EchotaSheeple   😊 😞
Number: of 77800 
Subject: Re: "Business Severely Depressed"...
Date: 11/03/25 5:03 PM
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At least you didn't repeat the quote -- nice
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Author: bighairymike   😊 😞
Number: of 77800 
Subject: Re: "Business Severely Depressed"...
Date: 11/03/25 6:26 PM
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No. of Recommendations: 4
Also avoid any fishing trips in the Caribbean. - Bansky

---------------

Especially if the fishing guide you choose uses a submarine.
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Author: LurkerMom   😊 😞
Number: of 77800 
Subject: Re: "Business Severely Depressed"...
Date: 11/03/25 6:45 PM
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No. of Recommendations: 4
Especially if the fishing guide you choose uses a submarine.

🤣😂😆
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Author: ges 🐝  😊 😞
Number: of 77800 
Subject: Re: "Business Severely Depressed"...
Date: 11/03/25 8:26 PM
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No. of Recommendations: 3
tariffs are killing us

I feel a TACO coming soon.

Another chance for the insiders to profit.
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