Tariff and Inflation Fears Are Back (Patreon)

SPX Tanking. Why?

We know all about the tariff news... not good for US Carmakers etc.. but some countries are bending. Meanwhile, it appears the UK, Canada and the EU are teaming up to form a super power to rival the US —could this be their move toward a New change in global partnerships? This is kinda weird. The more they partner the stronger they are.

Even Mario Draghi, former ECB president has been vocal about Europe's economic challenges, particularly in recent years.

But the new scare is what we have spoken of... INFLATION

PCE numbers not great

Core PCE (Feb):

(YoY) 2.8% vs Forecasted 2.7%

(MoM) 0.4% vs Forecasted 0.3%

Again, this was above expectations and the January core PC was also revised up to 2.7% like the way they cook the books with the unemployment numbers from the BLS. Core inflation seems to be back on the rise and there's nothing the Fed can do about it.