16 Comments
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Paul Heckman's avatar

Let it never be said that you don't put in the work, because my goodness, you put in the work

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alfalfa's avatar

This was a great read -- I'm also super interested in your thoughts on the suspension of the de minimis exemption

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Erie dearie's avatar

Ticker MRO no longer exists, it was bought out by Chevron a few months ago. Only MPC remains for Marathon.

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Frosty's avatar

I was going to say that same. PXD no longer exists either - bought by XOM

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Diggi's avatar

And thank you, btw, holy shit! Lots of Sunday hustles lately.

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rhursty's avatar

Clearly stated thank you. Seeing decent outperformance from HK reopening. If mainland opens same way on Wednesday that will rile him and may lead to further China tariffs. However I’m positive China/HK and I think this helps non US markets medium term.

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Sean's avatar

Doesn’t Yeti manufacture their products in China (and other Asian countries)?

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Trader Cho's avatar

Nit: I don’t think Yeti manufactures (all?) their stuff in the US anymore, judging from the last couple Yeti mugs I bought (made in China).

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Doug O'Laughlin's avatar

Thanks bud 🫡

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AquaVis Advisors's avatar

Useful piece. For some additional context around the broader Purpose of Tariffs:

Tariffs (Part I) - The Unbalanced System & The Tariff Shock

https://aquavis.substack.com/p/the-system-series-tariffs-part-i

Tariffs (Part II) - Tariffs & The Re-Balancing of the Global System

https://aquavis.substack.com/p/the-system-series-tariffs-part-ii

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pablo's avatar

hiyo, I was wondering why you think the RV sector pairs in cross basket form here won't perform the way they did in 2018?

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Roger's avatar

The news says Mexico tariffs are on hold for a month.

Is this theme also on hold?

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Rover's avatar

ags will be mixed if china does follow thru with phase 1 purchases.

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Bernardo's avatar

Thanks Cit for your comprehensive and thought through review of the facts, implications and trade recommendations. Chapeau!!!

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Diggi's avatar

What about natural gas and midstream proviser stocks?

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And's avatar

“Homebuilders are vulnerable as Canadian lumber and Mexican labor costs increase.”

Mean just “labor costs”? If they must hire American/authorized Mexican workers that demand more pay?

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