Saturday, August 2, 2025

US Economy: Get Ready for Stagflation Lite

Growth and hiring have clearly taken a hit; the path forward remains murky
https://www.wsj.com/economy/the-wild-week-in-the-american-economy-b5baae41
 
After a Lag, Consumers Begin to Feel the Pinch of Tariffs
https://www.nytimes.com/2025/08/02/business/trump-tariffs-consumer-prices.html
There are growing signs that President Trump’s levies are filtering through to consumer prices, as companies exhaust options for keeping them stable.
 
American businesses are running out of ways to avoid tariff pain
https://www.economist.com/business/2025/08/01/american-businesses-are-running-out-of-ways-to-avoid-tariff-pain
A big squeeze on profits may be coming.