Drunk Real Estate 95. Is the Economy in Reverse? Tariffs, Job Cuts & Trade Trouble
9 snips
May 1, 2025 AI Snips
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Economy May Already Be Declining
- Economic data currently looks good but is trailing; actual downturn effects may show later.
- Economy might already be "off the cliff," like the coyote in the Road Runner cartoon.
Empty U.S. Ports Signal Supply Issues
- U.S. ports especially for China shipments are shockingly empty, with many ships arriving nearly empty.
- This could presage reduced supply and possible bare shelves soon.
GDP Forecasts Show Polarized Views
- GDP forecasts vary widely, from negative contraction to modest growth.
- This reflects deep uncertainty and confirmation bias in interpreting economic data.