Kirsty March

Thread on tariffs and asset prices:

Here’s my take that I just shared with Tim Stenovic and Carol Massar on Bloomberg TV

The economic paradigm is still the same, a wholesale shift from lowered tariffs and free trade to higher ones, protectionism and policy uncertainty

/1

Nasdaq approaching -5%
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Gonna guess global looks even better ex-CA

Canadians cancel U.S. travel plans amid anger over tariffs, weak loonie MONTREAL — Airlines and travel companies have seen bookings to the United States plummet as Canadians rethink their plans amid anger over the trade war set off by U.S. President Donald Trump as well a...

Air Canada announced last month it would reduce flights by 10 per cent to Florida, Las Vegas and Arizona starting in March — usually go-to hot spots during spring break season.
ca.finance.yahoo.com/news/canadia...

Same with Navarro. Droned on about fentanyl, then somehow was suddenly talking about dairy and lumber. It's a struggle to keep the ruse on message.

Canada's oil pipelines to the U.S. slowed within hours of Trump's tariffs, data show Wood Mackenzie cites real-time data monitoring 90% of the oil capacity crossing the Canada-U.S. border.

Canada's oil pipelines to the U.S. slowed within hours of Trump's tariffs, data show
ca.finance.yahoo.com/news/canadas...

Another problem for them is Canada will band together over a really brutal hit to output while a modest increase in price/lack of supply for Treats will destroy the American psyche. There is a massive political constituency to stand up to the US in Canada, and ~none for the consequences in the US.

I've been here a while, but was reliably informed that this platform's rules state that first post has to be a cat photo. So we recently rescued this gem, just so I could start posting.