Flying Blind

flying blind

Axios, The flying blind economy

The top post on Axios, as of 10:30 this moring, nicely complements my immediately preceding post. To summarize Axios’s summary:

  • Uncertainty is driving down corporate investment
  • “Businesses don’t know what to do about their operates in China, how to price their products and source their materials”
  • “Powerful central bankers are also throwing up their hands”
  • Small businesses on Main Street are finding it impossible to plan
  • Investors have no idea what to do with their money
  • A hedge fund leader laments, “There’s apperception that everything is find, and then that perception is shattered with the president announces he’s going to change the tariffs”