Unusual Whales

Following all the market activity, big or small, and reporting on it. Financial journalism isn't dead in the ocean.

David Kelly of JPMorgan, $JPM: "The trouble with tariffs, to be succinct, is that they raise prices, slow economic growth, cut profits, increase unemployment, worsen inequality, diminish productivity and increase global tensions"

Trump’s Tariffs Reshape U.S. Trade Policy, Prompt Retaliation from Key Partners President Donald Trump’s sweeping tariffs are reshaping decades of U.S. trade policy, affecting both allies and adversaries alike. The aggressive moves are sparking global retaliation and could have significant economic consequences in the months ahead.
1 min read

President Donald Trump is set to announce changes to the tariffs on Canada and Mexico this afternoon as he considers rolling back the rate on sectors like autos

Trump’s Tariffs Reshape U.S. Trade Policy, Prompt Retaliation from Key Partners President Donald Trump’s sweeping tariffs are reshaping decades of U.S. trade policy, affecting both allies and adversaries alike. The aggressive moves are sparking global retaliation and could have significant economic consequences in the months ahead.
1 min read

Trump has eased restrictions on US airstrikes and special operations raids in areas outside of countries officially considered combat zones by the US

Trump Loosens Restrictions on Military Raids and Airstrikes, Expands Targeting Scope President Donald Trump has rolled back restrictions on U.S. commanders authorizing airstrikes and special operations raids outside conventional war zones, expanding the range of individuals who can be targeted, according to U.S. officials familiar with the policy
2 min read

Trump said that all federal funding will stop for colleges and schools that allow "illegal" protests and that agitators will be imprisoned or sent back to the country they came from

Trump Threatens to Cut Federal Funding Over 'Illegal Protests,' Vows to Expel or Imprison Agitators WASHINGTON — President Donald Trump announced Tuesday that his administration will halt all federal funding for colleges and schools that permit "illegal protests", while also pledging to imprison agitators and deport foreign
2 min read