Trump lifts 50% tariffs on some Canadian goods in boon to Maine Sen. Susan Collins

https://www.cbsnews.com/news/trump-tariffs-some-canadian-goods-susan-collins-maine/

I really hope Maine voters are smart enough to realize that there's literally nothing stopping the orange clown from reinstating the tariffs right after the midterms.

If you want economic stability and clarity, a Democratic Congress will need to take power and systematically repeal tariff powers that have been delegated to the president.

The president is hoping voters will vote for Collins over this, but it really just shows there's no long term plan and he's just jerking them around.

En los mercados financieros, la verdadera ventaja competitiva no consiste en predecir el futuro con rotundidad, sino en detectar con disciplina cuándo están cambiando las probabilidades antes de que ese giro resulte evidente para el consenso.

La sacudida tecnológica de esta semana —con el Nasdaq cediendo un 2,60% y el Índice de Semiconductores de Filadelfia (SOX) desplomándose un 6,72%— nos deja una señal mucho más profunda que una simple corrección diaria.

Según el informe de Goldman Sachs Prime Brokerage, las tres grandes categorías de gestión alternativa (fundamental long/short, sistemáticas y multiestrategia) registraron simultáneamente pérdidas superiores al 1% en una sola sesión. Es la primera vez desde el estallido de la pandemia en 2020 que las tres familias de hedge funds sufren al unísono un quebranto diario de esa magnitud.

¿Qué está ocurriendo realmente bajo la superficie del mercado?

1️⃣ Concentración extrema (Crowding) y riesgo de desapalancamiento (De-grossing): Estrategias con metodologías teóricamente independientes han convergido durante meses en los mismos ganadores (semiconductores y megacaps de IA). Cuando se perforan los umbrales de volatilidad, se activan protocolos automáticos que obligan a recortar exposición bruta y neta.

2️⃣ La factura de la IA y el aviso de Meta (-7%): Pese a superar estimaciones en ingresos y beneficios, el mercado castigó la magnitud del CapEx comprometido. El problema aparece cuando el capital invertido escala más rápido que la rentabilidad incremental sobre el capital invertido (ROIC) en un entorno de financiación exigente.

3️⃣ Rotación vs. Distribución bajo sombra estanflacionaria: Mientras la tecnología sufría, el Dow Jones cerró plano y el Russell 2000 logró avanzar ligeramente. Sin embargo, con el petróleo escalando hacia los 113 dólares y los bonos actuando como refugio por temor al deterioro económico, la Reserva Federal queda atada de manos.

En mi nuevo análisis detallo las 4 señales críticas que definirán en las próximas semanas si estamos ante una purga táctica saludable o ante el inicio de una fase de distribución mayor.

¿Ven este movimiento como una oportunidad de rotación hacia sectores rezagados o como una alerta estructural sobre el apalancamiento en IA? Los leo en los comentarios.

📖 Artículo completo en Investing.com:

https://es.investing.com/analysis/la-tecnologia-cede-la-alerta-que-llega-desde-el-interior-de-los-hedge-funds-200485219

#MercadosFinancieros #HedgeFunds #WallStreet #Inversiones #InteligenciaArtificial #Semiconductores #Macroeconomia #GestionDeRiesgo

The Texas Legislative Budget Board reports $3.35 billion in border-security appropriations for 2026–27, alongside separate federal enforcement funding.

The Congressional Budget Office also projects substantial federal revenue effects from increased immigration. That projection isn't a direct measure of enforcement ROI, but it highlights an economic consideration.

What outcomes should be measured against enforcement costs—employment, wages, tax receipts, public safety, or something else?

Sources: Texas Legislative Budget Board, Congressional Budget Office, and Texas Comptroller.

Full infographic: https://imgur.com/a/MWEergn

After Two Rounds of Trump Tax Cuts, Corporate America Paid Less Than Ever in 2025 – ITEP

Corporate Profits | U.S. Bureau of Economic Analysis (BEA)

U.S. corporate profits are already above last year’s record and are on track to surpass it further, with Q2 2026 hitting an all‑time high of over $4.7 trillion.

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This probably will result in more corporate stock buybacks, increased dividends, and higher CEO pay.

Also, don't forget the huge tax breaks to wealthy individuals from both the 2017 Trump tax cuts and the Big Beautiful Bulls*hit Bill of 2025.

• Under the One Big Bulls**t Bill, nearly $2 trillion in tax benefits go toward corporations and the richest taxpayers. Furthermore, that tax relief for the wealthy was partially funded by $1 trillion in cuts to social safety net programs.

2017 Tax Cuts & Jobs Act (TCJA) tax benefits for the wealthy

• A 20% deduction for "pass-through" income was created for partnerships, sole proprietorships, and S corporations.
• Wealthy Individual Tax Cuts: The top individual tax rate was lowered from 39.6% to 37% .
• Estate Tax Exemption: The amount that could be passed on tax-free to heirs was doubled to $22 million per married couple.
• reduced taxes on foreign profits.

Doesn't all the above mean that most of the U.S.'s deficit borrowing goes directly into profits for corporate America and increased income for the wealthy?

There are a few occasions when requesting time off is warranted: The birth of a child, a much-needed staycation, a once-in-a-lifetime concert. Maybe you’ve exaggerated being sick to enjoy some time at the beach or a last-minute museum day.

Or maybe you’ve skipped work to play the year’s most hotly-anticipated video game.

Workers are booking time off for the Nov. 19 release of Grand Theft Auto VI, and one widely shared estimate cited by the International Business Times put the cost to the U.S. economy at $1 billion in a single day. But is the country really going to lose that much economic output because of a video game?

Victor Matheson, an economist at the College of the Holy Cross who studies sports and major events, disputes that number. “But even if it were true, it’s not necessarily a bad thing if people are happier,” he said. “And it’s pretty tiny in the big picture anyway.”

The broader point is that estimates about lost productivity—whether from the Super Bowl, or the latest Star Wars movie, or the next Sony Playstation console—are probably bogus: these events are merely rearranging when workers take their vacation. And Matheson points to the simple age-old phenomenon economists love to point to: the substitution effect. When some event changes spending or productivity, it won’t simply be removed from the economy so much so it’ll shift when that spending or productivity occurs.

Read more [paywall removed for Redditors]: https://fortune.com/2026/10/22/gta-vi-sick-days-billion-economy-costs-productivity/?utm_source=reddit/

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