Morning News: March 12, 2025
Major Japanese Firms Promise Big Pay Raises in Bright Sign for Economy
China Piles the Pressure on India in Its Own Backyard
As Europe Rearms, Bond Funds Are Ripping Up the Rule Book
ECB Facing ‘Exceptionally High’ Levels of Uncertainty, Lagarde Says
EU Hits Back as U.S. Steel and Aluminum Tariffs Take Effect
Wine, Soy, Refrigerators: What Products Might Be Hit by European Tariffs
Tariffs Add to Automaker Concerns About Higher Steel Costs
Why Trump Has Doubled Down on Steel and Aluminum Tariffs
Why Britain Has Not Retaliated Against Trump’s Tariffs
Trump and Musk Cuts Would Rival Thatcher’s 1980s Austerity
Ireland Kicks Off St. Patrick’s Day Festivities in U.S. With Trade Plea
Trump’s Tariffs: Where Things Stand
A Tariff Pile-On Threatens to Escalate a Global Trade War
Dudley: These Tariffs Will Be Worse Than Markets Think
Is Trump Taking a ‘Liquidationist’ Approach to the Economy?
When Economic Chaos Doesn’t Have an Endgame
Stocks Pare Losses but Investors Remain Wary of Trade Tensions
There’s No Recession Alarm in the Collective Wisdom of Markets
The Loyal Opposition Inside the S.E.C.
Trump to Announce Bowman Soon as Pick for Fed’s Top Bank Cop
US Homebuyers Confront a New Wild Card This Year: Trump
Walmart Gets an Earful From China Over Response to Trump Tariffs
Zara Parent Inditex Sales Growth Slows Amid Intense Competition
In Search of a Boring Business
‘Forced Joy’ Is a Miserable Corporate Trend
Trump, an E.V. Naysayer, Gives Tesla and Musk a White House Exhibition
Airlines Cut Forecasts, Raising an Early Alarm About Consumer Spending
To Get Big in China, N.B.A. Stars Enlist Social Media Surrogates
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Posted by Eddy Elfenbein on March 12th, 2025 at 7:03 am
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Does anyone have a suit of armor, jet skis and a blowtorch I can borrow/rent? There's an experiment I'm working on.
This is pretty amazing. US elections combined since 1924:
GOP: 1,058,301,749
DEM: 1,057,846,951
Oth: 88,548,252Unemployment spikes in Washington, DC
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Eddy Elfenbein is a Washington, DC-based speaker, portfolio manager and editor of the blog Crossing Wall Street. His 