Digitalbanana

To paraphrase Musk, Trumps No2, one would need to be as dumb as a sack of bricks to think Trump is being anything but reactionary because the electorate are getting 'yippy'.

Bonds are going down with stocks as the world disengages from the US. Normally bonds have been a safe haven when stocks were in trouble. This is the world letting the US know what they think of them and Trump today.

China upped its retaliation to 84% today.

Expands by two guys?

If you ask Co-Pilot it says a transition for Dial Pads with existing credit is planned for 5-May but with a potential roll out delay! If even mentions searching for alternative VoIP dial pad apps if you end up with a gap of no Dial pad service in Teams and Skype is closed. Go figure!

I assume this is in Chiang Mai?? Any similar service that works for countersigned photos near VFS in Bangkok if VFS cannot do it themselves!?

When the US already has the largest economy in the world why change anything, they cannot get higher than number 1 economy in the world can they? Now they lost several trillions and head for a 20% bear market correction with a recession looming. Way to go! If it ain't broke don't fix it?

The FTSE100 is totally insignificant to what Trump is doing, the US markets are worth about 43% of the global market, whereas the UK is about 3%.

Musk just tweeted he's dumber than a sack of bricks.

Doesn't VFS who you have apply for pp renewal with do this for you? Surely part of their job is to verify who you are?

The long term approach should not include sending a country like the USA into recession because of tariff induced inflation, companies losing money and laying people off when only 4 months ago it was thriving with free trade and markets at all time highs and inflation albeit still high under control and falling.

Markets don't lie, unlike political leaders. The proof hit you with a face ripping market rally (green spike) when a rumor of tariff 90 day pause mistakenly hit the wires, only to be corrected to reality soon after yesterday.

The relationship between tariffs and price spikes isn't always straightforward. In this scenario, a 54% tariff on imports from China could significantly increase Apple's production costs. However, the price spike of 218% for the iPhone 16 Pro seems disproportionate to the tariff alone at first glance. Several factors might contribute to this discrepancy: Production costs: The article mentions a 47% increase in production costs for the 256GB Pro model (from $580 to $850). This rise could be due to various factors, including the tariff, supply chain disruptions, or component shortages. Profit margins: Apple might choose to maintain or increase its profit margins, which could amplify the price hike. Market dynamics: The article suggests that consumers are already responding negatively to the potential price increase, with some considering alternatives like Samsung. This could lead to a decrease in demand, prompting Apple to reevaluate its pricing strategy. Other cost factors: There might be additional costs, such as research and development expenses, marketing, or distribution fees, that contribute to the final price. The relationship between tariffs and consumer prices is complex, and various factors can influence the final cost of a product. Only having tariff free trade across nations will keep costs to consumers at reasonable levels. Expect poor sales and further Apple stock price hits as earnings take a hit.

With inflation, population growth and manufacturing and services growth - thats a good thing is it?

That only works trading directionally long!

Shouldn't be any different should it?

The revelation that "Ron Vara" was fictional caused controversy, especially given Navarro's role as a top trade adviser in the Trump administration. Critics argued that presenting a fictional character as an expert in a non-fiction book undermined the credibility of his arguments. Navarro's publisher eventually added a note to reprints of "Death by China" clarifying that "Ron Vara" is not a real person but an alias created by Navarro. Perhaps now we need a similar disclaimer note about Trumps top trade adviser?