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
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Everyone else will be able to trade
Phew!wrote 8 days ago last edited byNow we're going to have to go north for medicine and graphics cards
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He wasn't successful at anything.
He slashed the corporate income tax and due to an effective amnesty on repatriation many large MNCs brought stashed offshore cash and cut R&D to register massive earnings for his last 2 years.
Ironically, this started to dry up right around Q1 2020... Then COVID drowned out everything.
His response was to just pump $4T to employers with almost no documentation, thank god we didn't see a massive wave in inflation out of that.
wrote 8 days ago last edited bythank god we didn’t see a massive wave in inflation out of that.
Where are you that hasn't seen massive inflation since COVID?
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This post did not contain any content.wrote 8 days ago last edited by
Part of me is wanting to put that new PC build I just started saving for on a credit card instead.
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All electronics are made in Asia. So there will be no higher prices for consumers in the EU.
US consumers will get hammered with anywhere from 25% to 55% price increase in electronics.
wrote 8 days ago last edited byMaybe reduced demand in USA will lower prices everywhere else...
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This post did not contain any content.wrote 8 days ago last edited by
Considering that we're still paying COVID prices for most things, how surprising is this?
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Considering that we're still paying COVID prices for most things, how surprising is this?
wrote 8 days ago last edited byInflation 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.
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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. He seems to be failing at that and DOGE has only made it harder in for Congress (in a budgetary sense) for them to do it.
wrote 8 days ago last edited byMarkets 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.
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This post did not contain any content.wrote 8 days ago last edited by
So glad I built my pc last fall. Fuck all this bullshit and everyone that voted for it.
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So glad I built my pc last fall. Fuck all this bullshit and everyone that voted for it.
wrote 8 days ago last edited byOr didnt vote against it
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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.
wrote 8 days ago last edited byExcept 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.
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This post did not contain any content.wrote 8 days ago last edited by
The internet is about to feel a lot slower for us as more services move offshore to flee the taxes.
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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.
wrote 8 days ago last edited byCompanies deciding to raise prices (for any reason — justified or not) is what inflation is made of.
Inflation just means “prices went up.”
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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?
wrote 8 days ago last edited byI think that was the joke.
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He wasn't successful at anything.
He slashed the corporate income tax and due to an effective amnesty on repatriation many large MNCs brought stashed offshore cash and cut R&D to register massive earnings for his last 2 years.
Ironically, this started to dry up right around Q1 2020... Then COVID drowned out everything.
His response was to just pump $4T to employers with almost no documentation, thank god we didn't see a massive wave in inflation out of that.
wrote 8 days ago last edited bylets not forget browbeating the fed to drop interest rates before covid hit.
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That was with very clear money laundering too.
wrote 8 days ago last edited byHow 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
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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.
wrote 8 days ago last edited byTrump is making more enemies in business than the most liberal of democrat presidents could ever do. That's impressive.
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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
wrote 8 days ago last edited byYeah but what’s the moral to the story? Keep failing over and over again and you’ll end up being the most powerful man in the world twice? Not a story that can be told without realising that the world is corrupt cesspool.
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He wasn't successful at anything.
He slashed the corporate income tax and due to an effective amnesty on repatriation many large MNCs brought stashed offshore cash and cut R&D to register massive earnings for his last 2 years.
Ironically, this started to dry up right around Q1 2020... Then COVID drowned out everything.
His response was to just pump $4T to employers with almost no documentation, thank god we didn't see a massive wave in inflation out of that.
wrote 8 days ago last edited byOkay 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.
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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.
wrote 8 days ago last edited byhttps://www.bea.gov/news/2019/direct-investment-country-and-industry-2018
The TCJA generally eliminated taxes on dividends, or repatriated earnings, to U.S. multinationals from their foreign affiliates. Dividends of $776.5 billion in 2018 exceeded earnings for the year, which led to negative reinvestment of earnings, decreasing the investment position for the first time since 1982. Tables 3 and 4 provide information on the country and industry breakdown of dividends.
By country, nearly half of the dividends in 2018 were repatriated from affiliates in Bermuda ($231.0 billion) and the Netherlands ($138.8 billion). Ireland was the third largest source of dividends, but its value is suppressed due to confidentiality requirements. By industry, U.S. multinationals in chemical manufacturing ($209.1 billion) and computers and electronic products manufacturing ($195.9 billion) repatriated the most in 2018.
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Companies deciding to raise prices (for any reason — justified or not) is what inflation is made of.
Inflation just means “prices went up.”
wrote 8 days ago last edited byThat is an extremely simplified take of what inflation is.
Here's a fun example as to why just saying "inflation means prices go up" doesn't make sense, what happens when a group of companies conspire to raise prices simultaneously? Is that inflation or is that price fixing?
https://www.propublica.org/article/yieldstar-rent-increase-realpage-rent