Driving Off a Cliff?
Donald Trump’s tariffs will make the U.S. auto industry less competitive and leave the industry out of step with the auto market's shift to EVs.
Even amidst yesterday's stock market rally, Citigroup's shares fell; it lost more than half its value in four days. Here is what today's New York Times has to say:
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The fact that there is no run on Citi, though, indicates that there needn't be a government bailout, as Yves Smith has pointed out on Naked Capitalism:
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