Charlie McHenry<p>Had a long teleconference w/my partner at Green Econometrics today. We got together to chat because we’re both concerned that the ‘summer lull’ is over and some serious headwinds are about to hit an already disrupted US <a href="https://connectop.us/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a>. The impacts of <a href="https://connectop.us/tags/TrumpTariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TrumpTariffs</span></a> are just now beginning to appear, raising <a href="https://connectop.us/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a> fears, or worse: <a href="https://connectop.us/tags/stagflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>stagflation</span></a>. Consumer confidence and spending is falling. Debt burden, defaults and repossessions are trending up. The impact of 1.2 million <a href="https://connectop.us/tags/workers" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>workers</span></a> deported from the US will soon be felt in several industries; like <a href="https://connectop.us/tags/construction" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>construction</span></a>, <a href="https://connectop.us/tags/agriculture" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>agriculture</span></a> and <a href="https://connectop.us/tags/hospitality" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>hospitality</span></a>. Also, <a href="https://connectop.us/tags/AI" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AI</span></a> driven layoffs are beginning, potentially costing high-paying jobs. Folks are already working a couple of <a href="https://connectop.us/tags/jobs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>jobs</span></a> - everybody has a side gig to get by. Home sharing is not just a thing, it’s a necessity in a market where no one can afford to buy a house. American <a href="https://connectop.us/tags/Ag" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Ag</span></a> is going to need more support soon as Chinese purchasers look to Brazil - abandoning US <a href="https://connectop.us/tags/farms" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>farms</span></a>. Still, <a href="https://connectop.us/tags/Stocks" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Stocks</span></a> are at a high. WTF? <a href="https://connectop.us/tags/finance" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>finance</span></a> <a href="https://connectop.us/tags/investing" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>investing</span></a></p>