Quoth the Raven

Quoth the Raven #353 - QTR on Rebel Capitalist With George Gammon

Mar 28, 2025
George Gammon, host of Rebel Capitalist, joins the discussion to dive into the economic tide. They unpack the recent auto tariffs, analyzing their impact on consumer pricing and stock performance for major players like GM and Tesla. The conversation shifts to the complexities of U.S. trade negotiations and the pitfalls of current governmental interventions. They also touch on the intricacies of tech IPOs and the looming debt ceiling dilemma, blending finance insights with a dash of humor. It's a rich exploration of today's financial landscape!
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ANECDOTE

Auto Tariffs

  • Trump announced a 25% tariff on cars not made in the US.
  • This impacts car parts, significantly affecting GM and Ford.
INSIGHT

Price Increases

  • US-based car manufacturers will likely raise prices, even without tariffs.
  • They can undercut competitors while remaining profitable.
ANECDOTE

Magna and Tariff Predictions

  • Chris Irons notes that Magna, a Canadian OEM he owns, was also hit by the tariffs.
  • He believes the tariffs' impact will be short-lived, given Trump's unpredictable nature.
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