{"id":346017,"date":"2025-07-24T09:31:52","date_gmt":"2025-07-24T14:31:52","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/07\/24\/the-stock-market-and-the-soft-bigotry-of-low-expectations\/"},"modified":"2025-07-24T09:31:52","modified_gmt":"2025-07-24T14:31:52","slug":"the-stock-market-and-the-soft-bigotry-of-low-expectations","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/07\/24\/the-stock-market-and-the-soft-bigotry-of-low-expectations\/","title":{"rendered":"The Stock Market and \u201cThe Soft Bigotry of Low Expectations\u201d"},"content":{"rendered":"

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Trump announces tariffs of \u201conly\u201d 15% on Japanese imported goods, and the market jumps.<\/p>\n

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Source:<\/strong> TradingEconomics.<\/em><\/p>\n

Subsequent accounts note the optimism that a deal with the EU will entail tariffs of \u201conly\u201d 15%. Time consider what the effective tariff rate will be, incorporating this \u201cdeal\u201d (which is only as good as the virtual paper it\u2019s written on, given Trump\u2019s predilection for fickleness).<\/p>\n

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