Marketplace Uncertainty, thy name is tariff
20 snips
Mar 27, 2025 
Martha Gimbel, the Executive Director of the Budget Lab at Yale, dives into the current economic landscape dominated by uncertainty around tariffs. She discusses the latest GDP growth figures and the disconnect between the stock market and everyday consumer experiences. Gimbel highlights the troubling rise in student loan delinquencies and their potential economic ripple effects. Additionally, the podcast explores the alarming rise of train heists that threaten cargo security, shedding light on the challenges facing supply chains today.
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Economic Growth and Tariffs
- The U.S. economy grew at a solid 2.4% annual rate in the last quarter of 2024.
- However, uncertainty around tariffs threatens to slow this growth in 2025.
Tariffs' Impact on Growth
- The economy's slowdown is expected to worsen due to tariffs, shifting from a growth concern to a risk.
- This uncertainty discourages business decisions and consumer spending.
Trade Deficit and Foreign Investment
- The U.S. trade deficit has an upside: it attracts foreign investment, allowing for increased imports.
- Eliminating the deficit could reduce this investment and divert resources from other sectors.