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The Daily Reckoning Australia

Swamp Trade

The weekend brought a steady flow of tariff news…marked by outrage, indignation… and humor. Politicians often do stupid things…but there is usually some ambiguity about it. On this hand…but on that hand…maybe it will work, maybe it won’t… Rarely do we get to see a policy that is such undiluted claptrap that it brings liberals […]

By Bill Bonner, Tuesday, 08 April 2025

Chaos

Tariffs, tariffs everywhere… What a rollicking good time for the press. And for Trump critics. The wires: Stocks slide around the world as investors recoil from Trump’s tariffs We watched the tape yesterday. The Dow was down 1,000…then 1,200…then 1,500. Where would it come to rest, we wondered. It ended the day down 1,679. In […]

By Bill Bonner, Monday, 07 April 2025

Tariff tantrum? Trump is only up to his usual games…

Is Trump trying to raise the drawbridge on the US economy? Or smash trade barriers by giving other countries a dose of their own medicine? These stocks will benefit regardless.

By Nick Hubble, Saturday, 05 April 2025

Rogue Waves

“There you are!” writes Tom…sending a handy shipping map. Looking out the window it is not clear where we are. It is so foggy, we can barely see anything more than 100 yards away. The ship left Brooklyn on Saturday and made its way up to the northeast, following the coast of North America… up […]

By Bill Bonner, Friday, 04 April 2025

Day Three Before the Mast: Liberation Day

God from God, Light from Light, true God from true God, begotten, not made; of the same essence as the Father. —Nicene Creed Life aboard the Queen Mary resembles nothing so much as living in a retirement community. Most of the travelers have gray hair. Many have walkers or wheelchairs. Who else has the leisure […]

By Bill Bonner, Thursday, 03 April 2025

Mixed Messages

Day two of our trip passed without incident. The ship is full, so the restaurants and bars also tend to be full. Meals are eaten communally. That is, we sit at big tables and are obliged to talk to other travelers. We are not normally very sociable. But we almost always like people when we […]

By Bill Bonner, Wednesday, 02 April 2025

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