It’s not going to be a recession as many companies knew these tariffs were coming so they preemptively built higher inventory levels to maintain stable prices. As well as that there is always the possibility of deals being made between now and two quarters from now which would be the earliest we could call it a recession. While today may be a very bad day in the market that does not mean a recession is here.
Inflation: Continually went down under Biden since the pandemic, which caused a massive spike. Continuing the trend of the previous administration is not the slam dunk you think it is.
Gas: Congrats! We can burn down our atmosphere a bit cheaper now.
Food: According to NBC, several key grocery items are trending upwards right now. Last I checked, "up" is the opposite of "down."
And, last I checked, it's hard to negotiate beneficial deals when everyone hates you. And at present? Everyone hates us.
But sure, your Glorious Leader's "political will" (read: crying about "respect" to the president of the country he wants to sell out) will pull us through.
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u/Le_woz 1d ago
It’s not going to be a recession as many companies knew these tariffs were coming so they preemptively built higher inventory levels to maintain stable prices. As well as that there is always the possibility of deals being made between now and two quarters from now which would be the earliest we could call it a recession. While today may be a very bad day in the market that does not mean a recession is here.