Government Shutdown & Fiscal Policy - The White House is considering across-the-board layoffs, potentially using the government shutdown as an excuse [1] - The current economic fragility amplifies the impact of government shutdowns [2] - The Republican Party's commitment to shrinking the federal government is questionable, given deferred resignations [3] - The administration's threats of mass firings may be limited by civil service reforms enacted 130 years ago [4][5] Trade & Tariffs - The President has allegedly made several undocumented trade deals with major countries, relying on press releases rather than formal agreements [7] - The Court of International Trade and the D C District Court have challenged the President's authority to impose tariffs [8] - The Supreme Court will hear a case on November 5th that could potentially dismantle the current tariff regime [8] - The bond market's reaction to tariff news has shifted from inflation concerns to deficit reduction needs [10] Deficit & Debt - In 2025, the US is projected to run a $17 trillion deficit, approximately 6% of GDP [11] - Tariffs are claimed to generate $300 billion in revenue in 2026, potentially offsetting tax cuts, but not closing the deficit significantly [12] - The current level of debt is sustainable, but the ongoing deficits are not [13]

It is adding to the pain from Trump’s tariffs https://t.co/fgaiWLGTLv ...

The the Trump administration admits farmers are not doing well under President Trump's tariffs, most especially soybean farmers. The quote collateral damage, as Politico puts it, in the president's trade war with China. Since May, China has not purchased a single US soybean, not a one.According to the American Soybean Association, turning instead to Brazil and Argentina, that last country there, one that the Trump administration decided to send a $25 million aid package, a bailout that could be backfiring. ...

Economic Impact - The Trump administration's policies, including tariffs and attacks on the Federal Reserve, have negatively impacted the dollar [1] - A government shutdown would further harm the dollar, but its impact would be limited [1]

Michael Aron is chief investment strategist at State Street Investment Management. Mike, always appreciate having you on. You know, stocks may be due for whatever, but it doesn't mean they're going to do that, does it.It doesn't, Brian. The foundation for this bull market remains solid. So, trades coming into clearer focus.It's not perfect, but we've avoided the worst outcome. Now, we're throwing a little gasoline on the fire with both fiscal policy and monetary policy. Oh, and by the way, earnings are grow ...

Federal Reserve Bank of Chicago President Austan Goolsbee said the most recent round of tariffs may be causing businesses in his district to again pause decision-making in order to see where the levies settle https://t.co/mmdf10x2G0 ...

The cost of coffee is on the rise, thanks to tariffs. Congress has introduced a bill to scrap the tax—a move that could be popular as more Americans reach for a cup. https://t.co/zFiS5WPLIv ...

Popular baby registry site Babylist is advocating for new parents to be spared the impact of tariffs on strollers, car seats and other baby essentials. https://t.co/HJv1a5ObAl ...

What do we know about these new round of tariffs from the Trump administration. And it's a right force of tariffs there, isn't it, Joumanna. I mean, this is what it is, one of the latest iterations of the sectoral tariffs that the Trump administration has introduced.Very recently, we saw the same thing in the pharma industry. And this follows an investigation by the U.S. government into the market conditions, which means that this is a sectoral tariff. And the method they use means that it is it is not subj ...

The president this morning threatening quote substantial tariffs on any country that doesn't make its furniture in the United States. It comes just days after he announced plans to impose a 30% tariff on upholstered furniture and a 50% tariff on all kitchen cabinets and bathroom vanities. Our next guest is a major player in the furniture industry.Joins us this morning with his outlook. Let's bring in Ethan Allen, CEO for Rukqari. We should note the company's market cap is $736 million.We love having you in ...