- Tariffs are sending coffee prices soaring.
- A tax for American consumers with no benefit.
- Delta Airlines passenger revenue growth has been grinder lower for the last couple of years and is now flat:
- And now falling in economy class for two straight quarters.
- Lululemon has not grown comparable store sales in the US for a year and a half.
- And sales are accelerating downwards.
- The Canadian government has wisely scrapped next year’s quotas for new cars that must be low emission.
- Future targets may also face the chopping block.
- Conagra’s share price comes back down to earth (yes that’s a joke: see below re: name origin).
- And the share price is back to where it was in 1996.
- And we take a look back at 1996.
- General Mills has grown volume in only one of the last sixteen quarters.
- And it’s reflected in its share price.
- A Wall Street Journal survey shows that the American dream is slipping away.
- And readers of Paulitical Economy will know why that is.
- In Financial Ructions:
- The trade agreement between Canada, Mexico and the US (in alphabetical order: see below) is scheduled to be reviewed in less than a year.
- A quick look at potential paths forward.
- An article in the FT pushes for a 2% annual wealth tax on billionaires.
- I have a better idea.
- The trade agreement between Canada, Mexico and the US (in alphabetical order: see below) is scheduled to be reviewed in less than a year.
- In our book review of Taxes Have Consequences:
- The authors walk us through the Great Depression step by step highlighting how various tax acts tanked the economy.
- And we look at what caused the Roosevelt Depression of 1937.
- The authors walk us through the Great Depression step by step highlighting how various tax acts tanked the economy.
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