PortPro ’s Post

Name: PortPro on LinkedIn: #truckingtrends #economicoutlook #gdp2025 #logisticsindustry…
Uploaded: 2025-01-15T17:00:21.204Z
Duration: 1 min 29 s
Channel: PortPro

PortPro

7,661 followers

With GDP growth expected to slow to 2.1% next year and uncertainties around tariffs and trade policies, the trucking market faces a mixed bag of opportunities and challenges. 🚚📈 What will this mean for rates, manufacturing, and global trade? 🌍📦Panelist Lee Klaskow, Senior Analyst at Bloomberg shares his thoughts. State of Drayage Report: https://lnkd.in/guPjyygS #TruckingTrends #EconomicOutlook #GDP2025 #LogisticsIndustry #FreightFuture #TradeImpact #SupplyChainInsights #TransportationMarket #EconomicGrowth #FreightForecast

Transcript

Expectations for GDP growth is not going to be great. I mean, right now consensus has it up two point 1%, Bloomberg, Gasco, the analysts and economists out there. And this is kind of the the median of of that estimate, it's expected to increase around 2.7%. So we're seeing a deceleration of growth. Obviously that's an interesting number. It's an interesting fact, but we don't really know what the Trump policies are going to be doing for the economy. It's obviously going to have be more pro business, lower taxes. So, you know, that could be a good thing. But on the negative, we don't really know the impact of his proposed tariffs. From our standpoint, we view a lot of the tariffs as a negotiating tactic. Not really sure he's going to launch tariffs on Mexico and Canada are our biggest trade partners. Because if if we do that, guess what, they're going to do something back. So not only will it be inflationary, but it will also impact US manufacturing, US businesses as well when they try to export their stuff to those. Countries, so there's a lot of uncertainty. I think that 2. 1% GDP growth is a good starting point. My guess is that it'll probably inch higher, not much higher, but maybe something in the lines of of where we were today. And just a disclaimer, you know, I'm not an economist, I don't play one on TV, but you know, it's just kind of like my feeling about what these political kind of headwinds and tailwinds will do to grow.

To view or add a comment, sign in

More Relevant Posts

Abigail F. Wade, CFP®

Financial Advisor at R.M. Wade & Company, Ltd.
2mo
Report this post
Trade tariffs and inflation are shaping today’s markets. LPL’s Weekly Market Commentary breaks it down—read the full analysis here:

Trade, Tariffs, and Inflation: Investor Fears, Market Uncertainty

lpl.com
Like Comment
To view or add a comment, sign in
Peter Berezin

Director of Research and Chief Global Strategist, BCA Research
2mo Edited
Report this post
One thing I rarely hear mentioned is that most trade these days is in intermediate goods. This means that higher tariffs will not only hurt consumers, but will raise costs on businesses too. My latest report discusses the implications of a Trump presidency on trade, global growth, and asset markets (client link only): https://lnkd.in/gqTYfynN
4 Comments
Like Comment
To view or add a comment, sign in
Buttonwoodedge

249 followers
1mo
Report this post
Outlook for the US stock market: Tariffs Are the Wild Card for 2025 The outlook for the U.S. stock market in 2025 is heavily influenced by tariffs and trade relations. As the world continues to grapple with the economic fallout from previous trade conflicts, any major changes in tariffs could significantly impact U.S. industries, inflation, and global supply chains. Investors should closely monitor tariff developments, as well as broader trade policy changes, in order to better understand the potential risks and rewards of their portfolios. While tariffs could create short-term volatility and risks, they also present opportunities for sectors that stand to benefit from changing trade dynamics. In this uncertain environment, a diversified portfolio and careful attention to trade policy developments will be essential for navigating the challenges and opportunities ahead in 2025. To read our detailed article, click on the link below: https://lnkd.in/dfypR9Sx #ustariffs #usstockmarket #FED #stockmarkets #USAElections #tariffs
Like Comment
To view or add a comment, sign in
Ben Reznik, CFP®, CRPC®, CWS®

Senior Vice President | Trust & Family Office Advisor at Parkside Financial Bank & Trust | CERTIFIED FINANCIAL PLANNER™
2w Edited
Report this post
2025 shows uncertainty with looming concerns on inflation, trade tariffs, and rate environments, we could see a break away from the last few years pattern of consistent leaders. This is a time to rebalance thoughtfully.
Like Comment
To view or add a comment, sign in
Matthew R. Herman

PNW Office & Industrial Real Estate - Investment Sales
2mo
Report this post
The new administration is taking shape quickly, and there's no doubt changes are ahead. I know the goal of the tariffs are to encourage domestic manufacturing and supply of goods, but I wonder how most manufacturing companies can build what they build in today's world without importing something, directly or indirectly, from another country. I don't see how making it more expensive to operate is a win for US manufacturing. We operate in a globalized economy and can't help but agree with the economists who say the end result of these tariffs is domestic inflation.... Didn't we just get ourselves out of an inflationary environment? Check out our latest research brief covering trade policy, the Fed's most recent rate cut, and more.
Like Comment
To view or add a comment, sign in
M&G Investments Institutional

5,125 followers
1mo Edited
Report this post
The US equity market is well supported – as long as potential import tariffs promised by Donald Trump don’t hurt the economy or increase inflation. Find out more from Fabiana Fedeli. As we head into 2025, there are many challenges on the horizon, but also potential opportunities. Read our full Investment Perspectives outlook here: https://ow.ly/Ap9T50Uouz5 #InvestmentPerspectives #CIOperspectives #Investmentoutlook
Like Comment
To view or add a comment, sign in
Ashwin Binwani

Founder of Alpha Binwani Capital, a private investment firm that maximises clients' wealth by investing in emerging global trends and following institutional investments using a proprietary algorithm.
1w
Report this post
The America First Trade Policy Executive Action sets April 1st as the deadline to evaluate the tariff policy. The tariffs are likely to be targeted, but nevertheless likely to be inflationary. Interest rates are likely to continue rising, the USD is likely to strengthen, and the stock market is likely to correct #AmericaFirstTrade #TariffPolicy #InflationConcerns #InterestRates
1 Comment
Like Comment
To view or add a comment, sign in
Daily Pulse
1w
Report this post
US Markets Rally as Trump Delays Tariff Decision Markets surged as optimism grew following President Trump’s decision to postpone new tariffs. This move is seen as a positive step toward easing trade tensions, fueling investor confidence across sectors. 📈 Key Highlights: Major indices closed higher, reflecting renewed market stability. Tech and manufacturing sectors led the rally, benefiting from trade-sensitive developments. The decision underscores the critical link between policy and market sentiment. Are we heading toward a more stable trade environment? Share your views below! 👇 #USMarkets #TradePolicy #MarketUpdates #Investing
Like Comment
To view or add a comment, sign in
Burgundy Asset Management Ltd.

18,298 followers
1mo
Report this post
Trade tensions are rising, and tariffs are making headlines again. CIO Anne Mette De Place sheds light on how these economic shifts can impact your Burgundy investments. Her advice? Stay diversified and focus on businesses with strong leadership. Learn more from our latest Journal There’s a New Tariff in Town: https://lnkd.in/gmyeYkVe
Like Comment
To view or add a comment, sign in

7,661 followers

View Profile Follow

PortPro ’s Post

Transcript

More Relevant Posts

Explore topics