January '25 Inflation highest in a year

[Jluke]

Gas stations are switching to the summer blend so that might also explain a jump in price - location dependent of course.

[QuarterMillionMan]

On the tariffs people are looking at the short-sighted view of increasing inflation. I see it as a way to equalize the playing field where USA had been getting ripped off by every other country with their high tariffs on us. Reciprocal tariffs is the first step in equalizing the tariffs. Yes in the short term we might experience a little increased inflation but in the long run when we reach equilibrium inflation could go lower. So everyone who is in a tizzy about tariff look at the long term effects not just the short term. Think rationally and not get so worked up over the short term.

[LivingAlmostLarge]

On the tariffs people are looking at the short-sighted view of increasing inflation. I see it as a way to equalize the playing field where USA had been getting ripped off by every other country with their high tariffs on us. Reciprocal tariffs is the first step in equalizing the tariffs. Yes in the short term we might experience a little increased inflation but in the long run when we reach equilibrium inflation could go lower. So everyone who is in a tizzy about tariff look at the long term effects not just the short term. Think rationally and not get so worked up over the short term.

Do you really think once we equalize prices with tariffs the price of goods are ever going down? Or once up they will continue to stay up? I don't think it's going back down. Long term things will cost much more. No I think many countries are going to tariff us back. And they have better social safety nets in place to help people who lose jobs. We do not.

If you don't think the income discrepancy in this country is becoming like France revolution. i wonder when we will become the mob? When they start losing jobs in the south? And they realize that they are without medicaid and jobs and that government welfare has been happening for a long time from the blue states paying more taxes to be redistributed to the red states?

I'm all for cutting waste and mismanagement. And I'm for cutting the fat. But i'm pretty sure that living on the coasts those states will tax residents more to meet their state budgets and keep things running. In the middle of the country and south? Where is the money going to come from? When they have worse schools, no police or firemen, no medical for lower income. Instead it'll become glaringly obvious that their states won't help having been dependent on federal funds to support the people living there.

Why are there so many military bases in the south in small towns? What other economy is there in those towns besides military and contractor? What happens if we cut or close down some bases? What happens when you cut the VA and the SS offices?

[ua_guy]

On the tariffs people are looking at the short-sighted view of increasing inflation. I see it as a way to equalize the playing field where USA had been getting ripped off by every other country with their high tariffs on us. Reciprocal tariffs is the first step in equalizing the tariffs. Yes in the short term we might experience a little increased inflation but in the long run when we reach equilibrium inflation could go lower. So everyone who is in a tizzy about tariff look at the long term effects not just the short term. Think rationally and not get so worked up over the short term.

It's definitely the most creative way of implementing a regressive national tax and getting conservatives to stand behind it by claiming victimization.

[QuarterMillionMan]

The Dow today plunges 1400 points because of tariffs. I’ve been waiting for a long time for this opportunity.

[disneysteve]

The Dow today plunges 1400 points because of tariffs. I’ve been waiting for a long time for this opportunity.

The Dow was a few thousand points lower a year ago. Why didn’t you invest then?

[kork13]

The Dow was a few thousand points lower a year ago. Why didn’t you invest then?

All of us probably were buying at that point. This is just an opportunity to buy more shares today at the lower prices of last June.

[QuarterMillionMan]

Yes, I was buying but can't recall what I bought.

[QuarterMillionMan]

2 weeks ago at Best Buy I bought a new laptop for $349, then a day later I saw the exact same laptop for $499 and wondered why the price jump. Now I see why Best Buy knew tariffs would hit that's why. I saved $150 buying just 1 day earlier. If you thought buying a new car was expensive, be prepared to pay an extra $4000.

[ua_guy]

2 weeks ago at Best Buy I bought a new laptop for $349, then a day later I saw the exact same laptop for $499 and wondered why the price jump. Now I see why Best Buy knew tariffs would hit that's why. I saved $150 buying just 1 day earlier. If you thought buying a new car was expensive, be prepared to pay an extra $4000.

Tariffs on most chinese goods are at a whopping 54% now. Weaning ourselves off of cheap electronics and Temu (ahem) will take years and untold fortunes to replicate what we buy abroad, and costs will be much higher when we do.

$4k extra on a vehicle? That's cute if you're buying something cheap. If you prefer a nice car from Europe get ready to pony up another $20k or more as some tariffs are as high as 25% on foreign cars.

[QuarterMillionMan]

I'd say stay away from these sectors as the uncertainty & carnage begins; Travel & leisure, discretionaries, emerging markets, small caps, airlines, Las Vegas corporations (MGM, Caesar's Entertainment (CET), Boyd, etc), restaurant stocks, etc.

[Fishindude77]

$4k extra on a vehicle? That's cute if you're buying something cheap. If you prefer a nice car from Europe get ready to pony up another $20k or more as some tariffs are as high as 25% on foreign cars.

Ford is currently offering employee pricing to everyone, you pay same as what a Ford employee pays. I've not looked in to anything like this for a while, but that used to be a pretty significant savings.
Looks like they are trying to use this opportunity to gain back a little market share.

Might be a good time to look at a new Ford?

[ua_guy]

Ford is currently offering employee pricing to everyone, you pay same as what a Ford employee pays. I've not looked in to anything like this for a while, but that used to be a pretty significant savings.
Looks like they are trying to use this opportunity to gain back a little market share.

Might be a good time to look at a new Ford?

Of the formerly Big 3, Ford has the least exposure to tariffs but is only slightly higher than mid-pack when it comes to American content. GM is next, followed by Stellantis/chrysler who has the biggest liability for tariffs.

The problem is, vehicles aren't selling right now. Manufacturers are reaching deep just to move existing inventory, and that won't be easy when they have to add 10-25% more cost into their products.

I should add we already own a fleet of American vehicles, but no, I'm not really a Ford guy