Bernstein Posits That A 10 Percent Baseline US Tariff On Raw Semiconductors Is "Not Going To Do All That Much," But PCs, Servers, And Smartphones Are About To Get Pricier By ~40 Percent
-
It's a massive and likely short term government tax increase for all consumers is what it all is.
Extra hundreds of billions of dollars taken from us by our corrupt government. All while I'm sure trumps inner circle bought Puts in the s&p several months ago so they can make even more boatloads of money.
-
Now we're going to have to go north for medicine and graphics cards
-
thank god we didn’t see a massive wave in inflation out of that.
Where are you that hasn't seen massive inflation since COVID?
-
Part of me is wanting to put that new PC build I just started saving for on a credit card instead.
-
Maybe reduced demand in USA will lower prices everywhere else...
-
Considering that we're still paying COVID prices for most things, how surprising is this?
-
Inflation from the Fed helicoptering money around was probably the most predicted thing that's happened in the last 50 years. It should have surprised literally no one.
It's also no surprise that it hasn't gone away. That's called deflation and every central banker on the planet would rather be eviscerated with a rusty spoon than allow deflation to happen.
-
Markets will still consider it a win if Trump does not else good in the next 4 years except for extend the “tax cuts and jobs” billionaire and corporate handouts.
Of the Top 10 most profitable companies in the world 8 of them are American. Those 8 companies lost enough Market Capitalization in the last 24 hours to fund a mid-sized Country. "The Markets" are not fucking happy at all.
-
So glad I built my pc last fall. Fuck all this bullshit and everyone that voted for it.
-
Or didnt vote against it
-
Except that's not what happened, companies used the slowdowns in shipping from Covid shutdowns as an excuse to raise prices, then never lowered them. This isn't inflation, this was intentionally planned, don't belive me? Listen to their fucking earnings calls specifically saying it out loud.
-
The internet is about to feel a lot slower for us as more services move offshore to flee the taxes.
-
How do you bankrupt a casino while also running a money laundering scheme and still fail? Someone should turn his life into a movie it'd be like anti breaking bad
-
Trump is making more enemies in business than the most liberal of democrat presidents could ever do. That's impressive.
-
Okay this post reeks of not understanding basic accounting. Bringing back cash doesn’t affect profits for firms. The earnings were already earned. Having money over seas and bringing it on shore does not increase your profits, it just frees it up for investment (or giving to shareholders).
Also cutting R&D does not change profits in the short term. Any amount of R&D doesn’t change profits in the short term (either less or more). R&D is treated as an asset and depreciates over time (which does affect profits) but that’s clearly not what you’re saying here.
The rest of your post I’m not arguing with but your understanding of accounting and how offshore money works is factually incorrect.
