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Baystreet.ca - Why the Stock Selloff Might Worsen
Early last month, stock markets spent weeks trying to form a bottom. The rally in Nasdaq (QQQ), S&P 500 (SPY), and Russell 2000 (IWM) stalled last week. Tariffs are all that stock market traders may think about. The impact of tariffs is hurting consumer ...
Baystreet.ca - The Top Reasons Why Gold Will Soon Test $3500
With tariff fears, inflationary concerns a potential recession, and strong central bank buying, gold is at record highs above $3,100. From here, gold could rally to $3,500 says Bank of America. “Uncertainty around Trump Administration trade ...
Recent Mistakes I've Made - Econlib
I’m eagerly awaiting Donald Trump’s announcements of increased tariffs on Liberation Day, April 2. I used to think that Donald Trump was an ignoramus who didn’t understand the gains from trade. But now I realize that he understands it better than we economists. All we have are our models and our logical reasoning. Trump has […]
Quotation of the Day... - Cafe Hayek
Tweet… is from page 437 of Phil Magness’s new paper “Old Lessons for the New Protectionists,” which is a chapter in the collection Free Trade in the Twenty-First Century (edited by Max Rangeley & Daniel Hannan, 2025): Tariffs are a product of a political world inhabited by vested interests and pressure groups that cannot be […]