Tariff Knock-On Effect: How Car Prices Increasing Ripple Effects Outwards & More
Schwab Network · Schwab Network
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Show Notes
Liz Ann Sonders reacts to the latest economic data and expects “volatility in terms of pricing” in the retail area, including at Walmart (WMT). “It is not just the one-time price level reset,” she warns: for example, a car’s price going up $8-$10K means that insurance costs for the vehicle will also rise. She thinks we should focus on labor market data for what the Fed will do next.
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