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Tom Lee on Bitcoin to $250K, S&P to 15,000 & The AI Revolution

Wealthion - Be Financially Resilient

ADVICE

Onshoring and Profits

  • Companies will pursue onshoring or de-globalization only if it increases profits.
  • If manufacturing a product domestically becomes twice as expensive, the company will lose business to cheaper international alternatives.
  • Thus, there will be less onshoring-driven inflation than anticipated.
  • Onshoring occurs when transport savings outweigh the increased labor costs.
  • Consider profit motive when evaluating onshoring decisions.
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