Tae Kim

Stagflation man

tae kim @firstadopter

Consumers know tariffs are inflationary. What an economic policy debacle if inflation expectations become anchored.

Consumers know tariffs are inflationary. What an economic policy debacle if inflation expectations become anchored.

LiveSquawk @LiveSquawk

US Univ. Of Michigan Sentiment Apr P: 50.8 (est 53.5; prev 57.0) - Current Conditions: 56.5 (est 60.8; prev 63.8) - Expectations: 47.2 (est 50.7; prev 52.6) - 1-Year Inflation: 6.7% (est 5.2%; prev 5.0%) - 5-10 Year Inflation: 4.4% (est 4.3%; prev 4.1%)

Tax the penguins, so millions of Americans can screw in little screws into iPhones 12 hours a day. Best economic policy strategy ever! https://t.co/PHeumKZpH6

tae kim @firstadopter

“Loose screws.” 🤭 https://t.co/4aQSE0oek2

Imagine you are a CEO with a global supply chain trying to budget and plan amid this timeline of chaos? The White House is paralyzing all investment decisions with this unprecedented uncertainty. https://t.co/eloYdPCmBM

Anyone advocating for a 400% tariff on China is not a serious person. Why do outlets platform people blatantly saying outlandish and outrageous things just to generate attention? Please stop.

Not enough people are saying this. The CRITICAL FLAW of this tariff policy is it is done through unilateral "unconstitutional" executive order, not consensus-built permanent legislation through Congress. The legal impermanence of the tariffs where the next president can revoke

“You’re, right now, not in a very good position. You’ve allowed yourself to be in a very bad position” “You don’t have the cards right now.” “You’re gambling with the lives of millions of people.”

Peter Navarro to CNN: yields are coming down 🤦‍♂️

Heading into 2025, the U.S. was the envy of the world: best rule of law, innovation, known for decades of stability and reliability supporting free market capitalism. And then you are never going to believe what happened next ..

RT @Matt__Miller: 5- pulling it all together, recession feels imminent if not already here. Self inflicted but impossible to walk back from…

Policies that risk self-inflicted depressions are bad. Is there ANY chance the administration does a full reversal and revokes all the tariffs? That’s what the market wants.

tae kim @firstadopter

WSJ: “Trump played his cards close to his vest. He told advisers that he was willing to take “pain,” a person who spoke to him on Monday said. He privately acknowledged that his trade policy could trigger a recession but said he wanted to be sure it didn’t cause a depression,

Destroying American credibility for competence, rule of law and stability apparently drives global investors away from the U.S.

Sid Verma @_SidVerma

The sell-America trade intensifies in Asia hours, with US stock futures, long-dated Treasuries and the dollar all plunging anew https://t.co/8PKIJ1xnUT

“trade wars are good, and easy to win.” https://t.co/YyR1I5yisM

So easy and simple to understand! https://t.co/jqF9XIRV2v

tae kim @firstadopter

I'm reading through pages and pages of tariff material: what covers what, and what loopholes exist. Noone is certain. It's giving me a migraine. If I'm struggling like this, how can anyone run a business and make major capex decisions? It's impossible. This policy is completely

Janet Yellen today on Trump’s economy: “We had a very well-functioning economy and President Trump has taken a wrecking ball to it .. I could not give it a passing grade. This is the worst self-inflected wound that I’ve ever seen an administration impose on a well-functioning

I'm reading through pages and pages of tariff material: what covers what, and what loopholes exist. Noone is certain. It's giving me a migraine. If I'm struggling like this, how can anyone run a business and make major capex decisions? It's impossible. This policy is completely

Did fiscal hawk conservatives go extinct?

tae kim @firstadopter

"setting us up for the largest deficit increase in the history of our Republic"