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WSHazel

(840 posts)
4. I have spent 25+ years in capital markets
Thu Jul 31, 2025, 10:00 AM
Jul 2025

This is the most insane market I have ever seen. Valuations are off the charts. We have this insane tariff system emerging where U.S. manufacturers pay no tariffs while other countries pay 15%+. That is terrible for consumers and will drive inflation and shortages. I assume that it is also temporary and the Europeans and others are just buying time before they re-trade, but there is no way to predict any of this. Any "expert" that claims they know what will happen is making it up. There is no precedent for any of this.

The U.S. had the best economy in human history under Biden, and chose to do this with it.

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