@mydressmemos
It's quite simple why rates are climbing with rising imports and falling exports, the FED is obviously to be blamed for banking crisis. Something will eventually break if they keep the quantitative tightening and higher interest rates. Is this really a good time to have some savings in stocks?
@acamacho023
Companies and "absorbing the difference" will NEVER go in the same sentence.
@tatianastarcic
The tarriff plan will evidently lead to high inflation, the high inflation is a significant reason why most retirees have sleepless nights. The increase in prices of everyday items puts them at risk of running out of money. As prices rise, the amount of money retirees can withdraw from their retirement savings also increases.
@PASCALDAB
Increased Prices for Consumers: Tariffs raise the cost of imported goods, which often gets passed on to consumers in the form of higher prices. This reduces purchasing power and can make everyday items more expensive
@steveb.5617
This is going to cause most company to raise prices to improve their bottom line even when tariffs do not apply to their items. They will use the tariff as an excuse to raise prices to gain more profit. This will only impact the poor and middle class.
@Peterl4290
Tariffs will increase costs of finished goods and components used throughout US manufacturing. This will be an immediate and huge hike in inflation. To fight inflation the Fed will have to hike interest rates which will be wonderful for the billionaires but possibly take away the middle class. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..
@keithmahorney6533
Better info on this channel than any of the big news conventional networks
@kevinhenault434
No company is going to absorb any costs. The 1 percent will not accept a cut in pay. The Target in Cape Coral Fl raised prices the next day even though the current inventory was purchased before the tariffs went into effect.
@theTeslaking
How precisely can we protect ourselves against the impending financial reset, then? To make our portfolio recession-proof against the impending financial reset, for example, what are the best strategies? Regarding my eighty-grand stock portfolio, I'm somewhat concerned.
@DonaldMark-ne7se
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
@oliverbanks9976
When is the last time these companies "ate" any costs? They'll pass it straight on to us. So im passing on giving them any more of my money besides absolute essentials.
@eflvin
Seniors are the ones that will suffer a lot. Especially those who are living on only Social Security payments
@sps6
"WE ALREADY ARE IN RECESSION"!...spot on Michael
@alexsteven.m6414
Really, banks require more regulation. The entire idea of banking as "let's gamble" is terrifying. Because they discovered in 2008 that the government will always bail them out, there are no repercussions. These bank crisis are so worrisome. This whole financial crisis and the Great Recession posed the most significant macroeconomic challenges for the United States in a half-century, leaving behind high unemployment and below-target inflation and calling for highly accommodative monetary policies. And this is only the beginning!
@AustinPPowers
We are moving from the recession to the depression, truth be told!
@mikey_gc8
No more corporate bailouts! We need support for the working poor!
@krillin876
I want to put something in perspective that the media is very deceptive on. For example when they say China is going to increase tariffs 15%, they never tell you what the original gigantic tariffs that they have on our products already are. For example one of our large exports is Wine and Spirits they have like a 70% tariff on those items. But the media never questions why it's okay for those other countries to put giant tariffs on our products but not vice versa
@operationretribution1263
Wait until all these federal workers losing their jobs all can't sell and go into default. Inventory is flooding the market and will continue to worsen.
@quackula9190
Not sure why some people are complaining? If you voted for Trump you voted for tariffs.
@MichaelBordenaro