"White House Press Secretary says 104% additional tariffs went into effect at noon eastern time because China has not removed it's retaliation. The 104% additional tariff will be collected starting tomorrow April 9th" White House Correspondent for
FOXBusiness
I may be wrong here, but I don’t think China will succumb to these threats. My guess is they will refuse to be bullied. So, if I am right and Trump goes through with this latest threat, the world is in for a tariff war that will make Smoot-Hawley look like a garden party. Hope the world is ready for a deep recession or even a depression. Trade wars have no winners. This is silliness to the extreme.
5. What actually works
The strongest minds are built through basics:
• Exercise increases brain blood flow
• Deep sleep resets brain chemistry
• Protein builds neurotransmitters
• Whole foods feed your mind
But timing matters more than you think...
In 1984, Haier was on the verge of bankruptcy.
With over 600 employees, they barely produced 80 refrigerators monthly.
Then their new CEO found 76 defective fridges.
What he did next erased over $190,000 in debt and made Haier a $56.57 BILLION empire.
Here's the story: 🧵
This is crazy.
Japanese people never get sick & live to 100+ while:
• Barely exercising
• Drinking & smoking
• Eating tons of carbs
But when Americans do it? They get obese & burn out.
I had to find out the truth... 🧵
Today: Important anniversary in US #Oil_History
On January 9, 1862, the US exported first #oil shipments in wooden barrels on the board of the Elizabeth Watts, a cargo ship shown below (or its replica) to London, England. #Oil
@TimesAlgebraIND "Secularism, Socialism and democracy have ended in the countries of the world where the Muslim population is increased to 51 %"
~ Nitin Gadkari ji
Drawing parallels between today’s inflation and the 1970s is a lazy shortcut for pundits who can’t be bothered to analyze the current economic landscape properly. They conveniently ignore the fact that the second inflation spike in the late 1970s was triggered by a distinct and severe supply shock. The Iranian Revolution of 1978-79 threw the global oil market into chaos, slashing Iranian oil output by 4.8 million barrels per day - a whopping 7% of world production at the time. This crisis, compounded by the Iran-Iraq War, sent oil prices skyrocketing from $13 to $34 per barrel in just a year. It’s this kind of seismic event that drove the double-digit inflation rates of the early 1980s, not some mysterious economic cycle that’s bound to repeat itself.
The lecture was about priming.
It’s the idea that subtle cues (words, images, environments) can influence your thoughts, emotions, and actions.
Here’s the wild part:
You don’t even realize it’s happening.
Let me explain…
Pretty 'hawkish' take in the #FOMC's updated forecasts in the SEP.
- Upgrade rate forecasts for 2025 and 2026 by 50bp (3.9% and 3.4% respectively)
- Raise inflation outlook on PCE in 2025 (2.5% from 2.1%)
- Jobless rate outlook improves in 2025 (4.3% from 4.4%)
Here's my #FOMC scenario table for tomorrow's rate decision (19:00 GMT).
The rate change is heavily priced in as a -25bp cut, so the focus will quickly shift.
The outlook for rates will be top concern therefore, so look for the SEP's 2025 rate forecast next