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Genuinely curious: what stats back up “tariff-ravaged economy”? S&P is essentially at an all-time high
by derwiki 11mo ago
Genuinely curious: what stats back up “tariff-ravaged economy”? S&P is essentially at an all-time high
- crote 11mo agoAnd how much of that is felt by real-world people? The insane stock price of Nvidia & friends due to them passing around billions between each other doesn't matter even the slightest bit when your family business is going bankrupt.
- JumpCrisscross 11mo ago> what stats back up “tariff-ravaged economy”? S&P is essentially at an all-time high Production is good, you're right. Where Trump is feeling electoral pain is in cost of living. It's why the U.S. has started lifting "tariffs on bananas, coffee and dozens of other food-related items" [1]. [1] https://www.wsj.com/economy/trade/trump-tariff-exemptions-food-prices-59e72b1d https://www.wsj.com/economy/trade/trump-tariff-exemptions-fo...
- amanaplanacanal 10mo agoUnemployment and inflation numbers are probably more important indicators of economic health for most people than the stock market. The stock market might be good for the capital-owning class though.