The World In Which We Live: Fun And Easy To Win Edition

I had hoped that by summer's end there would be no more trade war posts to write but there appears to be no end to the ongoing struggle. Fears of a recession are increasing, so much so that
Bank Of America is offering advice on how to navigate the impending slow down, the price of everything continues to march upwards, retailers are failing in droves, and even a Republican lawmaker is calling for a tax cut due to tariffs. This last point should prove once again that a tariff is a tax passed on to consumers, but try to explain that to the true believers who support the fun and easy to win economic policies of the current administration.

At least things aren't boring. The market reaction to the Fed's announced rate cut (which flies in the face of all logic) followed almost immediately by a tweet announcing more tariffs on Chinese products sent the VIX off the charts and VIX traders into a rapture or rupture, depending on which side of the trade they were on.

And yet, somehow in this crazy world in which we live, Macaroni and Cheese was considered important enough to make it onto the newsfeed of numerous sites.

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