In yesterday’s commentary, which was prepared earlier in the week, I proposed looking at the estimated tariff shock as equivalent to a new $2/gallon gas tax.
As new tariff announcements have been made through this week, however, that estimate now appears to be too low.
I am traveling to Leen’s Lodge for Camp Kotok next week. I paused yesterday in Bucksport, Maine, looking across the water at Fort Knox (a Civil War-era fort), to comment on the evolving tariff shock in a Kotok Quick Take.
Questions about Trump’s Putin Diesel Deal.
We will look at the midterms through a local lens. Specifically, Sydney Gruters versus Kelly Kirschner in the newly configured 16th Congressional District in Florida.
In America, we remember 9/11; our parents remember Pearl Harbor. In Israel, October 7 is the date; parents there remember the Yom Kippur War 50 years earlier.
American politics has a history of October surprises right before elections. October surprises happen in presidential election years — and they can happen in midterms. What choices are on the table?
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