The worst of both worlds on tariffs [View all]

[genxlib]

Since the stable genius has signaled the China tariffs will come down, the market has stabilize some.

But am I the only one that things this is actually the worst of both worlds.

The only potential benefit of tariffs is to encourage domestic production. But who in their right mind would invest in production capacity when they are told the market balance will be shifting again.

Meanwhile, this sends a clear signal to consumers to be curb spending since things in the future will be cheaper. Why buy an appliance or any other impacted item while it is subject to short term increases.

Am I missing something or is he just making things worse. I would expect economic indicators to drop off a table in the next three months. Of course that assumes he doesn't change his mind again next week.