They’re doing it on purpose
Big Tech’s ‘Magnificent Seven’ heads into earnings season reeling from the Trump Administration’s tariff turbulence 🇺🇸 “The mass confusion created by this constant news flow out of the White House is dizzying for the industry and investors and creating massive uncertainty and chaos for companies trying to plan their supply chain, inventory, and demand,” Wedbush Securities analyst Dan Ives said. 🇺🇸
The first Trump Administration had a targeted tariff plan, but does the current Trump Administration’s economic policies seem overly emotional and chaotic? Shouldn’t the White House have well thought out economic policies with a stable roll out?
https://apnews.com/article/big-tech-earnings-trump-tariffs-350f0fc6b2b9d70339bfbaedbe0ba7f9
Discussion
I don’t think so. I think they thought most Americans would just keep spending money at the same rate that they have been since 2020
it seems that many Americans went into debt or cut back on saving for retirement, etc since 2020 thinking that inflation related higher prices would eventually go down but they never did and then President Trump campaigned on bringing prices down and so they continued to spend money at the same pace and now it’s occurring to people that prices are not going down and in fact because of tariffs they’re going up, so they will have to cut back on spending plus now tariffs are going to lead to layoffs and then we’re in a cycle
We’re in a far bigger play than that, this is forcing a great reset . It’s gonna be a rough ride. It’s controlled demolition of a current broken system
I don’t agree the Trump administration’s policies are coming from billionaires who are out of touch with how Americans live so now they are scrambling and backsliding with the “90 day tariff pause” because they realized their plan isn’t working
If they really wanted to do a reset, they wouldn’t be increasing the federal deficit so that they can increase defense spending which is going to increase inflation
I mean the tariff chaos is planned