
Tariffs — Damn the Torpedoes!
On April 4, Jack Farley and I discussed the Trump 2.0 tariffs in depth, and I held nothing back.
David Kotok offers insights and analysis on current economic and political issues and their potential impact on global financial markets. David’s articles and financial market commentaries have appeared in The New York Times, The Wall Street Journal, Barron’s, and other publications. He is a frequent contributor to Bloomberg TV, and Bloomberg Radio, Fox Business, and other media.

On April 4, Jack Farley and I discussed the Trump 2.0 tariffs in depth, and I held nothing back.

Does the Trump bear market bring the S&P 500 Index down to 4000? Does it result in a drop of S&P earnings (2025–2026) down to the $200–$220 range?

I asked expert David Blond why Trump and Co. selected a bizarre and discredited approach to create its trade deficit formula.

A bleak view about the Trump tariff announcement is nearly universal.

There’s a big difference between secondary tariffs and reciprocal tariffs. Their purpose and intention are different, and the outcomes may be different, too. Secondary tariffs are a form of economic warfare, like direct sanctions.

Accelerating measles outbreaks and decisions surrounding them indicate where we are heading with regard to public health in the US.

Here’s a guest post from Philippa Dunne & Doug Henwood of TLR Analytics on the implications of an executive order purging advisory boards that ensure the reliability of BLS data.

In January 2025, a website styled as realcdc.org went live. It was an imitation CDC website right down to the graphics, but the information was different — on vaccines and autism, for example.

This morning, we consider the blur of developments surrounding peace negotiations in Ukraine, their impacts on the Ukrainian-American community in Florida and Ukrainian refugees across the US, and possible outcomes. What will Putin agree to, and can he be trusted?

Peter A. Gold addresses issues raised by the executive order targeting the Seattle law firm Perkins Coie and poses questions for every American to think about.

So what does the fate of a once-booming chicken-and-egg industry in my home state of New Jersey have in common with the evolution of the US auto industry? A 25% tariff, that’s what.