Good point!
Will add to my usual mantra - Let's stick to verifiable facts.
Anything less may be subject to deletion.
My bad,
- 46% of Toy Companies in the US say they expect to go out of business within "weeks"
----> no data available
- 128K Federal workers lost their jobs in last 60 days
-----> 2000 verifiable job losses, ongoing job cuts
- 40% of cargo ships leaving China for the U.S. were empty today.
------> can't find the numbers but everybody seems to agree on a massive decline
- Shoes expected to go up 87% in price
-------> tariffs imposed on Asia
- Apparel expected to go up 65%
-------> same
- US Exports expected to drop 18%
-------> the forecast is 12,6%
- Tourism to US down 20%
---------> tourism from Canada down 20%, 5,5% worlwide
- All foreign goods up at least 10% on USD alone
----------> minimum 10% tariffs
My source was Fred Krueger, a random investor, trader and economic analyst, will be more cautious in the future