Trumpenomics
-
If it was possible to have factories up and running within a month or two, this still wouldn’t have merit.
@LuFins-Dad said in Trumpenomics:
If it was possible to have factories up and running within a month or two, this still wouldn’t have merit.
I have hope that automation will be allowed to continue apace, and having automated factories in America would actually be a good thing. Musk is a pioneer of factory automation, so it's not far-fetched that this is in the mind of the administration.
The other hope would be that the tariffs are a negotiating tool which will motivate more advantageous trade agreements for America.
-
@LuFins-Dad said in Trumpenomics:
If it was possible to have factories up and running within a month or two, this still wouldn’t have merit.
I have hope that automation will be allowed to continue apace, and having automated factories in America would actually be a good thing. Musk is a pioneer of factory automation, so it's not far-fetched that this is in the mind of the administration.
The other hope would be that the tariffs are a negotiating tool which will motivate more advantageous trade agreements for America.
The other hope would be that the tariffs are a negotiating tool which will motivate more advantageous trade agreements for America.
Take dairy. Hypothetically Canada caves and gets rid of its supply management that assigns the US a tariff free quota for dairy products. We too revert back to a government subsidy system as in the US and EU, to keep our domestic dairy industry viable - you know, the Support Your Local Farmer ethos. The problem though is that consumers here are so pissed off at the US that they refuse to buy US produced dairy products. Canadian distributors and suppliers stop importing because the demand is not there. Consumers would rather pay a premium for Canadian or EU made products because they are not of US origin.
Once again I come back to the statement, you cannot fool the market.
-
@Jolly said in Trumpenomics:
- I think real estate is still in a bubble.
- I also think a lot of P/E ratios are hideous.
High asset prices and high PE ratios are products of market and consumer optimism.
I think the Trump policies are doing a great number on that optimism.
-
I don’t see the sociological signs of a housing bubble but I agree with you on P/Es.
Housing is expensive, largely because we subsidize homeborrowership while restricting the fuck out of new supply.
It could come down as interest rates go back up, which seems inevitable.
-
If this is a good forecast housing might get a little cheaper.
https://tradingeconomics.com/united-states/bank-lending-rate
United States Average Monthly Prime Lending Rate
