Paul Krugman

@paulkrugman ↗

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Last Checked Sept. 2, 2020

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Tue Aug 13 18:40:36 +0000 2019

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Paul Krugman @paulkrugman

The best going explanation of the tariffs/market link was that markets took tariff announcements as indications of broader decision process; to be blunt, how crazy Trump is. Hard-line announcements suggested more radicalism to come, softer announcements more rationality 2/ — PolitiTweet.org

Posted Aug. 13, 2019 Hibernated

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Paul Krugman @paulkrugman

There's been a lot of speculation about why the stock market reacts so strongly to trade policy news — way out of proportion to the direct economic impacts of Trump tariffs. Today's surge after Trump's decision to delay some tariffs deepens the mystery 1/ — PolitiTweet.org

Posted Aug. 13, 2019 Hibernated

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Paul Krugman @paulkrugman

But this was obviously a defensive move to avoid price hikes before Christmas, not a change in Trump's world view or improvement in his decision-making. So why respond so strongly? 3/ — PolitiTweet.org

Posted Aug. 13, 2019 Hibernated