TL;DR

Trade tariffs are fueling stagflation, echoing past economic crises and threatening widespread financial pain—John’s retirement fund is just the beginning.

Story

John’s retirement fund just took a hit, and guess what? It’s not just him. Jay Powell, the Fed chair, is painting a grim picture: slow growth, high inflation—stagflation is back on the menu, folks.‣ Stagflation: When prices rise but the economy doesn’t grow. Sounds familiar? It should. This echoes the 1970s, and hints of the 2008 crash are in the air. What’s happening? Powell says Trump’s trade tariffs are to blame. Like a poorly played game of Jenga, these tariffs are destabilizing global trade. They’re pushing up prices on everything from groceries to gas, while simultaneously choking economic growth. Remember the ’transitory’ inflation talk? Looks like it wasn’t so temporary after all. This is like a rerun of 2008, where complex financial instruments masked underlying instability. Here, it’s tariffs—seemingly simple, but with devastating ripple effects. Just as subprime mortgages triggered a cascade of defaults, these tariffs threaten to set off a chain reaction of higher prices, slower growth, and market turmoil. Traders are bracing for impact, investors are clutching their pearls, and regular folks like John are watching their savings evaporate. The lesson? Don’t be fooled by political rhetoric. History repeats itself, and the warning signs are flashing red.

Advice

Diversify your investments. Don’t put all your eggs in one basket—especially when the basket is woven with tariffs.

Source

https://www.reddit.com/r/stocks/comments/1k0qpxi/us_fed_chair_jay_powell_speaking_today_in_chicago/