both came out fine .. which means that all the experts in markets and Fed got it wrong in April as they panicked following equally dumb media ..!
fed is supposed to be numbers driven as in present, and not based on making guesses to what may happen ..!
imports decline 38% & we survived partly due to excess buying in Q1 & partly we are accumulating less garbage in our garages; or buying only what's essential like [imported] food items.. bottom-line no inflation ..!
to solve an economic problem ... & there are 100s of PhD working at Federal Reserves forecasting an inflation in future due to tariffs ... & all the geniuses who appear in media are scratching their heads ... why there has been no inflation so far ..? & here is why ?
most of the stuff in an Indian grocery store comes from India, but prices are the same as they were 6 months ago .. so i asked the store owner .. who happened to a friend of mine ... why ..?
& he tells me simply because the freight prices have come down to half due to reduced volume & i said aha ... people are only purchasing the essentials as imported items, while the non-essential volume has gone down & that's simply human behavior (my line to add!) ... so the distributor has absorbed the cost .. in fact, he may be making more, while the final prices are the same ..!
problem solved ... iti siddham ..!
& it doesn't even cost a penny or technology or AI to solve ..!
his argument is that the forecasters are modelling based on projected tariff as called by Trump ... & if you are using the numbers used by Trump, you must the biggest idiot in the world ..!
take the words equality (+ comparison ) and growth (+ competition) out of your dictionary ..!
No comparison and no competition.. !
... compared to world-wide
