How are you feeling about the uncertainty of tariffs

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I think we only know maybe 20% of the plan. Scott Bessent seems awfully confident interest rates are coming down and the fed isn’t considering cuts. So somehow they will lower the 10 year treasury to unfreeze the housing market.

On top of that there is a crypto summit Friday.

Tariffs have more like a blended cost of maybe 1-2% increase in prices. The Canadian and Mexican currencies will likely decrease to the dollar. So we may feel little to nothing. Meanwhile Canada and Mexico can’t go through a trade war. It would cause mass unemployment. They’ll agree to anything.

With a strong dollar our exports will suffer, GDP will take a hit. Unemployment may rise. That also helps with interest rate cuts. Inflation depends, too many moving variables. How much Canadian energy can we replace? Food products from Mexico is a concern.

I’d be panicking if I was in Canada or Mexico. This will devastate their economies if they don’t reach a deal.

smart

“Early data says it’s working”. “Trading for a lower…”

“Ending the war in Ukraine” will bring down the 10 year.

We have a masterclass here. Go on.

Or should I say the rollercoaster announcement of tariffs

I'm not worried about tariffs, I'll buy American products as it should be

You don't eat avocados?

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