MAHER, "I gotta own it" - *** Hold on, us, before we grab the ball from Lucy

[kerry-is-my-prez]

31. He's a moron who doesn't know what is going on. People lost 15-25% off their 401k's and investment accounts.

He doesn’t know what he is talking about. He needs to leave the talking about investments to the experts. A lot of people who have investment accounts don’t look at their returns or don’t understand financials so they don’t know what the hell is going on. I do look at my accounts and I lost about 20%.
Trump caused stocks to dive it by yammering about tariffs and then “taking them back” (TACO Trump). Most of the tariffs didn’t go on yet. Many tariffs are not going through until Aug.1, but since Trump always “chickens out” who knows if they’ll really go through.
Many have not gone through yet.

https://www.cbsnews.com/amp/news/inflation-trump-tariffs/
“They tried to front-run the imposition of the duties by importing rapidly," Daco said. "They bought goods they needed and stocked them, so that was the first line of defense against the tariffs."

Much of that extra inventory remains in warehouses or on store shelves, allowing importers to delay price hikes.

"Lots of retailers pre-ordered inventory before the tariffs went into effect, so the inventory they're selling has not been marked up yet," Goldberg said.

Waiting for clarity

Some businesses facing higher tariffs are choosing to hold off on passing any cost increases through to consumers as they wait for the fog around U.S. trade policy to lift.