HomeMy WebLinkAboutEconomic View June 2025
More pessimism prior to recession in 2008/2009 compared to now.
If the line for expansion (blue) crosses the net reduction (red). Dangerous equilibrium.
This is an assumption that inflation is shifting also as salaries may shift to 2 to 2.9%.
Where are the tariffs? They are there.
Things like appliances, heat/cooling systems, etc., prices are higher.
How long will it take to see the impact of the tariffs? Possibly three months and peak in prices in the 4th
quarter.