Moodee

You’ve probably heard a lot about tariffs in the news recently. But what exactly are they? And what are the underlying mechanics that drive how they work? As a global macro investor for the last 55 years, I have studied a lot of history because the past can teach us a lot about the present. History shows us how tariffs often lead to fighting between countries. And while it might not be military-based, where there is conflict, there will be consequences. I dive into this in my new article below. I’m sharing it with you all because if we agree about the underlying facts and how events are likely to unfold, it will be easier to figure out what we should do about it. #economics #trade #markets