In line with DavidTC just said, I asked mid November our company’s head of Business Development, in charge of budgeting and planning, what our 2025 inflation premises were, given the tariffs I was sure were coming, and he told me 2.5% was the banks’ consensus.
I said I very much doubted that, and he said our policies were to use banks’ analysts consensus that we paid for. I told him he should keep an eye on that.
So as DavidTC says, the markets thought Trump was lying. Me, I thought he was being honest for once.
I was telling my spouse (who’s Brit) this weekend that you shouldn’t follow what Trump says, but what he is and what he’s done, to know what he will do. I find Trump actions very easy to predict. None are good for America, though.
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In line with DavidTC just said, I asked mid November our company’s head of Business Development, in charge of budgeting and planning, what our 2025 inflation premises were, given the tariffs I was sure were coming, and he told me 2.5% was the banks’ consensus.
I said I very much doubted that, and he said our policies were to use banks’ analysts consensus that we paid for. I told him he should keep an eye on that.
So as DavidTC says, the markets thought Trump was lying. Me, I thought he was being honest for once.
I was telling my spouse (who’s Brit) this weekend that you shouldn’t follow what Trump says, but what he is and what he’s done, to know what he will do. I find Trump actions very easy to predict. None are good for America, though.