Yes, the @nytimes.com now has a tariff tracker.

Trump’s Tariff Tourettes is tiresome, tyrannical, and toxic.

#econsky
#weshouldhavehiredanadult

Maybe a person who was forced to shutdown a fraudulent “university” shouldn’t be allowed to influence education.

www.americanprogress.org/article/trum...

"A Goldman Sachs report published last week estimates Trump’s tariffs will bring 100,000 new manufacturing jobs to the U.S. thanks to shifting supply chains … Goldman Sachs also warns that an estimated 500,000 other American jobs will be destroyed in the process."

This is the problem with uncertainty - businesses slow investing and start cutting costs to be prepared for the heightened risk of a downturn. Even if you ignore the impact of tariffs, policy uncertainty itself could lead to an economic slowdown or recession.

www.reuters.com/business/aut...

“But the fall in the dollar is at least in part about a loss of faith in America. If that carries on, U.S. markets have a long way to fall as foreigners flee.”

Streetwise: When market veterans gather, the talk often turns to memorable crashes. Last week should join the list, argues @jmackin2

Because pharmaceuticals and healthcare just aren’t expensive enough in this country.

This man is a dangerous idiot.

Q: You know what drops faster than Les Nessman’s Thanksgiving turkeys?

A: Trump’s stock market!

Tariffs are simply going to increase prices and decrease supply. In other words, we will pay more for less. Anyone who has been in a Trump hotel knows this feeling.

“Businesses were optimistic when Donald Trump returned to the Oval Office because they thought he understood how markets work. They may have been mistaken.” @wsj.com editorial board

Trump’s most important advisor is an admitted drug addict. This should be deeply worrisome to everyone. What happened to the “law and order” party?

www.yahoo.com/news/elon-mu...

While I think Tesla is a shell game and grossly overvalued, those focusing on its decline over the past month should realize that it’s up +22% over the past six months (vs +5% for the US market). Elon has still made billions on the Trump trade.

Over the past month, four markets have shown concern about the US economy. Bond yields have dropped and are flirting with inverting, the US equity market has declined while international markets have gone up, expected volatility (options market) has increased, and the US dollar has weakened.

This is the most impactful book I have ever read. It is about a longitudinal study on happiness conducted by Harvard since 1938.

In short, 1) relationships matter to physical and psychological health and 2) it’s never too late to make healthy changes.

the-good-life-book.com