Thanks for your thoughts, Bob, they are always appreciated.
I guess we'll find out today after the market closes what is in store for tariffs. From what I hear, negotiations are ongoing.
It bothers me that such a large part of the economy is subject to the whims of the president without approval from Congress.
It bugged me when Biden "forgave" $189B of student debt for the same reason.
It is really bothersome that Trump is talking about additional terms as president (Constitutionally illegal) and growing the footprint of the US by taking over Canada, Panama, Mexico and Greenland. It is probably part of some "thought exercise" to get others, countries and opponents, to reach conclusions he's not sharing but the process has the markets spooked.
How does anyone plan? We've been looking at a new car, probably a Lexus ES300H, but getting a model with features and price has delayed the purchase. I would have bought a nice one at a higher price months ago to be done with it, but "her" preference is to bargain forever and agonize over every compromise. I think if the tariff issue was settled, she'd have found a car sooner as I think they are keeping inventory low until things settle, but I'm sure not the expert. You have to wonder how many other major decisions by companies and individuals are delaying spending for similar reasons... |
