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eco - Wolf Street - 3 hours ago

Stocks Plunge as the Market Understood What Tariffs Are: A Tax on Corporate Profit Margins

Trump explained it clearly yesterday, and markets understood. But companies have known it all along.

Eco - The Economist - 4 hours ago

What America’s stockmarket plunge means

Farewell to 15 years of exceptionalism?

eco - Wolf Street - 6 hours ago

Our Drunken Sailors Are Back: New Vehicle Sales Surge in March, after Rising in January and February, Best Q1 since 2019

GM’s Q1 sales soar, with EV sales +94%, Hyundai-Kia and Honda sales soar, Toyota’s nearly flat, Ford’s dip, Stellantis still in death spiral.

Eco - The Economist - 14 hours ago

Financial markets flail in the face of America’s tariffs

Asia is hit hardest, but nowhere looks good

Eco - The Economist - 15 hours ago

What a refugee camp reveals about economics

In Dzaleka, Malawi, everyone receives $9 a month

Eco - The Economist - 15 hours ago

Tin, an overlooked critical metal, is enjoying a boom

Prized and in short supply, its price is very volatile

Eco - The Economist - 15 hours ago

How Milei made Argentina deserving of an IMF bail-out

He offers the only way out of a supremely difficult situation

Eco - The Economist - 1 day ago

Trump takes America’s trade policies back to the 19th century

The president jacks up tariffs on all countries, with particularly sharp rises for much of Asia

eco - Wolf Street - 1 day ago

After Spiking by 2,600% or Whatever, Newsmax Stock Plunges 80%, Straight into our Imploded Stocks, All in 3 Days

For humans and AI trading the stock, it’s just a spectacularly fun video game. For observers, it proves this market is dangerously nuts.

Eco - The Economist - 1 day ago

The American government’s accidental private-credit subsidy

How a Depression-era lending scheme became a trillion-dollar wheeze

Eco - The Economist - 1 day ago

Can the world’s free-traders withstand Trump’s attack?

Much will depend on the courage of Europe

eco - Wolf Street - 1 day ago
eco - Wolf Street - 1 day ago

As Life Happens, “Locked-in” Homeowners Pay Off Below-4% Mortgages: Share Drops to 54%, Lowest since Q4 2020

Conversely, the share of 6%-plus mortgages outstanding surges to the highest since 2016.

eco - Wolf Street - 2 days ago

Not Another Free Lunch: Don’t Let Fannie and Freddie Turn Back into GSEs

“The risk is 99% public and the profit is 100% private.”

eco - Wolf Street - 2 days ago

Underlying Labor Market Dynamics Still Tight Despite Highest Gov Layoffs and Discharges since Census Wind-Down of 2020

Hiring Begins to Shift to Private-Sector where Hiring Jumped, while Hiring by Governments Slumped.

Eco - The Economist - 2 days ago

Trump’s “Liberation Day” is set to whack America’s economy

A rush of new tariffs will hurt growth, raise prices and worsen inequality