Jul 13, 2025

The Slam Is Coming

First:
On average, President Two-Weeks has flip-flopped on tariffs every 4 days.

Second:
He's 0-fer-90 on his trade deals.

Third:
The business bros are ignoring all this weird shit and forging ahead, &/or finding ways to countervail it.

Fourth:
I think we can expect higher prices long after the main effects of tariffs ease off. Sellers who enjoy relatively high profit margins may be willing to eat some of the tariffs, but grocers (eg) don't have that option.

And we've already seen what happens when prices go up because of natural causes, and then don't go back down once the market's upward pressure has eased. The parasite investor class won't tolerate low or no dividends for long, and they're going to expect companies to make it up to them.


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