Scottish Borders Chamber of Commerce’s Post

We've been hearing a lot about the new Trump Tariffs that are threatening to be implementing in the new year. We talk to our portfolio manager to figure out what the likelihood of this happening and what it could mean for your portfolio. Listen to our full conversation - https://lnkd.in/gSDG_6Cy #TrumpTariffs #InvestmentStrategy #PortfolioManagement #FinancialNews #MarketTrends #EconomicImpact #FinanceTips #InvestorInsights #TariffImpact #StockMarket

"There's an inherent conflict in using tariffs to raise revenue and protect industries," explains Scott Lincicome in the latest #NoLabelsTalks. 🎙️ Scott joins our host Ryan Clancy to breaks down how tariffs impact revenue and domestic industries—and the surprising conflict it creates. Want to hear his full insight? Click here to watch the full episode: https://lnkd.in/eXCdzJfs

🎙️ Port of Los Angeles Executive Director Gene Seroka discusses the Port's record cargo volume and preparing for tariffs with Julia Chatterley on CNN International's 'First Move.' https://lnkd.in/gVK82uKi Audio courtesy of CNN International Commercial

The DISCUS edition of the “Here’s what we’re facing” post I made about a month ago—costs, tariffs, uncertainty, instability. What to do? Start with three things I teach clients, regardless of industry or business conditions: Plan to the challenges, not against them. Whether you think the tides flow or batter depends on how you build along the shore. Aim for the gaps, not the obstacles. That’s pretty self-explanatory, but you’d be surprised how many folks think ramming their staff against walls is good business. Be the sincere fans of your fans. The truth is that they don’t need you. But it sure sounds like you might need them. Behave accordingly. #spiritsindustry #spirits #discus #strategy #strategicplanning #leadership

With more questions than answers, the dollar’s ascent is expected to continue — or level off — until there’s more definitive information regarding the extent of tariffs, and on the other side of the equation, the effect of retaliatory tariffs. Read more in this week's #WeeklyMarketCommentary: https://lnkd.in/gNa8UYiy #FinancialAdvisor #WealthManagement #YorkPA

Jason Miller and I don’t always agree on the various dynamics regarding “trucking” or even the economy in general. He is data driven, I am “experience” driven (with data as a reference point (sometimes lol)). This reflects a wide difference in education level and experience. Interestingly enough, our long range conclusions usually coincide despite some differences in perspective and evaluation of current conditions. That’s likely because he is driving the data from the top down, and I’m looking from the bottom upwards. There’s a convergence at the “middle”, so to speak. That “gaslighting” statement in the video in the linked is 🐂 💩. As an academic, Jason Miller doesn’t have to “sell” the news (it’s already paid by your tax dollars), he just presents the best picture based upon empirical data. Official and accepted metrics lag behind other indicators but are more stable, reliable. But , sometimes it creates a time lapse identifying emerging trends. Does that mean information, conclusions drawn are inaccurate, misleading? No. It takes time for a firm picture to emerge…and once it does, it is “take it to the bank” solid. In my own analysis I depend on personal experience in this industry to draw conclusions. But I lean heavily upon the research, data, and conclusions drawn by Jason (and others), even when I don’t necessarily agree with those (at that time). I also pay attention to opinions, views, data that FreightWaves presents. But I am mindful that opinions, conclusions are based upon data that is more real-time. This is great for reflecting current conditions and immediate trends but falls short in anticipating longer term outcomes. And like the weather media, the news must be appealing to gain the reader’s interest. For the record (and this got me kicked off Fuller’s connections lol), I was the first to predict a correction in freight demand to (lagging) increase in carrier capacity due to a winding down of pandemic stimulus driven consumer spending. I did not call it a recession because of the nature of the unprecedented events that created the pandemic period boom cycle. 2020 onwards is not a “natural” freight cycle. It is a byproduct of a global cataclysmic event. Traditional terms, such as “recession” do not apply (to my view). I look forward to seeing this debate. I have zero doubt that Jason Miller’s presentation of empirical data will solid, compelling… give ‘em hell fella!

In case you missed it, The Faculty's Professor Meredith Crowley has appeared on Radio 4's The Briefing Room. She discussed tariffs, what could happen if President Trump follows through on the plans he vocalised during his campaign, and how new tariffs could affect the world economy during a second Trump presidency. https://lnkd.in/eXAfX_Br

An excellent report that gets down into the weeds on the impact of tarriffs and Federal receipts! Good job from Michael Terry, CFA and Daniel Kecskes in our strategy group! #Tarrifs #Economy #CapitalMarkets #WealthManagement

Trump’s return to the White House means new tariffs are on the horizon, and the auto industry is bracing for impact. From duty drawback programs to supply chain reviews, here are five key strategies to mitigate the risk these tariffs may bring and protect your bottom line. #OneMinuteMatters #AutomotiveIndustry #TradePolicy #Tariffs #SupplyChainManagement #TrumpAdministration Cc: Dykema

Tariffs are an effective negotiating tool that President effectively used in his first term. Tariffs level the playing field in International Trade. Countries wanting to ship their goods to the US, must treat our US exporter’s fairly or have their products taxed through tariffs. #trade