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Schultz commented Jul 26, 2025Well, tariffs are a tax. A sales tax. And yes, they are added on to the price of the good. Somebody in the USA has to pay. Trump wanted Walmart to pay. Good luck with that. That it flows through to the price that US manufacturers need to make their ...
Tariffs likely to drive up U.S. prices even with Trump trade deals, experts say
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Schultz commented Jul 26, 2025The only correct rate of inflation or deflation is zero. Within that components will fluctuate up and down, as the general price level is an average - an index - of a basket of goods. There is no reason why deflation cannot be contained in the same ...
Trump berating Fed Chair Powell makes difficult for Fed to cut, says Greenwich's Vahan...
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Schultz commented Jul 25, 2025Especially if you are dyslexic, or failed maths at school, or are colourblind.
Why Price Action Beats a Screen Full of Indicators
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Schultz commented Jul 25, 2025The category that the USA imports most from the EU in 2024 was medicines/pharmaceuticals. The second largest category is called medicaments. Looks like sick people in the USA might be paying a whole lot more. Trump cares, you know.
Trump: 50-50 chance of making deal with EU
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Schultz commented Jul 25, 2025I just had a peek of the monthly Feeder Cattle futures chart - since year 2000. Price about $1.30 per pound in 2020, which except for a couple years prior in 2014 and 2015 it managed over 1.60 peaking at 2.30, about 1.20+/- was about it. Since then, ...
Trump: Australia has agreed to accept American beef
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Schultz commented Jul 24, 2025Euro strengthens = USD weakens (by definition) = gold rises. Loose rule of thumb.
Lagarde: ECB Is Well Positioned And "In A Good Place" To Handle Economic Challenges
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Schultz commented Jul 24, 20251. There is no one "dollar". The USD is traded freely amongst a quite large number of individual currencies. The largest one in the DX is of course the Euro, about 60% weight without checking. That leaves dozens not even in the calculation. Many of ...
Trump to visit Federal Reserve on Thursday, White House says
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Schultz commented Jul 24, 2025Does Trump comprehend the ramifications should the rest of the world's bankers lose trust in the independence of the Fed? That dumping of junk portrayed in the movie Margin Call would be likened to a gentle walk in a pleasant park on a sunny fine ...
Trump to visit Federal Reserve on Thursday, White House says
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Schultz commented Jul 24, 2025And there is something about him retaining 90% of the profits. Was it the Japanese PM who might be on the way out, and he kinda knew that the agreement will be thrown out by his successors? An eighth of Japan's GDP? Something is not quite right.
Trump's trade deal with Japan includes a $550 billion fund that he will oversee
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Schultz commented Jul 24, 2025"Trump has lambasted Powell repeatedly for not cutting U.S. interest rates more aggressively, referring to him as a “numbskull” on Tuesday and musing publicly about firing him." If I were a psychologist I might suggest that there's a bit of ...
Trump to visit Federal Reserve on Thursday, White House says
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Schultz commented Jul 24, 2025Why I remember the tariffs in the first term, besides being quite puzzled at the introduction of protectionism being so anti everything pro business and consumer and therefore GDP, is that some markets moved significantly in a nice little trend ...
Is US tariff policy reshaping the world trading system?
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Schultz commented Jul 23, 2025Lots of good stuff there. I have chosen to paste a select few words on something that I have been banging on for a while. That quote is worthy of bookmarking for future reference. People say, oh, consumers won't have to pay, it will be absorbed in ...
Is US tariff policy reshaping the world trading system?
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Schultz commented Jul 23, 2025Sometimes I think the same about politicians or advisors. It never occurred to me that they might be also be bots. From the Ministry of Truth.
Trump: Housing is lagging because “Too Late” Powell refuses to lower rates
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Schultz commented Jul 23, 2025Yes, and Bessent is worth a cool half billion from his time as a trader. But there are laws about that kinda thing aren't there?
Bessent: Trump has said he's not going to fire Powell
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Schultz commented Jul 23, 2025Mmm. Maybe that's because Trump simply can't fire Powell? Would that have something to do with it, or is this just another magnificent announcement from Bessent who loves to make announcements?
Bessent: Trump has said he's not going to fire Powell
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Schultz commented Jul 23, 2025It's about a trillion dollars. They might need to dump it to pay for all those tariffs.
Ishiba: Agreed with US on tariffs; Agreed to lower auto tariffs to 15%
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Schultz commented Jul 22, 2025There be no reason for the USD to slide even further into the abyss because so many excellent fiscal economic decisions being made by the Administration and Government to enhance trust in the integrity of the US financial system.
Powell: Integrated Review of the Capital Framework for Large Banks Conference, July 22, 2025
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Schultz commented Jul 22, 2025Is there something else that you are about to announce that we should really know about? I'm about to announce that there is a high probability of the sun rising tomorrow. I thought I'd just mention it, because, you know, I like to announce that I ...
Bessent on tariffs: We're about to announce a rash of trade deals in coming days - FBN
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Schultz commented Jul 22, 2025Send them both off to a Coldplay concert.
Trump firing Powell risks higher inflation, lower USD. Eyes on euro flight to credibility
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Schultz commented Jul 21, 2025Well that's very zen.
Why Price Action Beats a Screen Full of Indicators