Charlie Munger warned in 2019 that a full-blown U.S.-China tariff war would be "massively stupid," urging both nations to accept some discomfort and strike a deal instead.
Domestic political turmoil pushed South Korea’s economy into contraction. US tariffs and delays in policy support increase the odds of a technical recession in the current quarter, leading to a Bank of Korea rate cut in May and larger fiscal support
Starbucks entered 2025 with a mixed outlook. While revenue sits at $36.15 billion and EPS holds at $3.10, growth momentum has softened. Labor issues and international softness have introduced volatility, and inflation continues to pressure margins.
Stocks rallied again today, no doubt proving somehow that the King's tariff strategy is finding approval in the world, or at least in the part of it that counts.
