Trump Agrees with Fed’s Pivot to Wait-and-See after the Fed Bows to Trump on Everything Else to Keep Monetary Policy Independent by Wolf Richter • Feb 3, 2025 • 161 Comments We’ll see how long Trump’s side of this mutual understanding lasts.
Tesla Sales Got Crushed in Q4 in California, its Largest US Market. Non-Tesla EV Sales Jumped to a Record. ICE Vehicle Sales Dipped by Wolf Richter • Feb 3, 2025 • 75 Comments Since 2016, ICE vehicle sales plunged 31%, while EV sales soared 10-fold.
What Trump’s Tariffs Did Last Time (2018-2019): No Impact on Inflation, Doubled Receipts from Customs Duties, and Hit Stocks by Wolf Richter • Feb 3, 2025 • 178 Comments I watched this stuff last time, amazed by the lack of inflation. Sure, “This time it’s different,” but those are the four most costly words on Wall Street.