Farmer Sentiment in a Time of War, both Trade and Kinetic
Original Report
From Purdue/CME Ag Econ Barometer: Figure 1: Ag Econ Barometer index (blue, left scale), Consumer Confidence (brown, right scale). NBER defined peak-to-trough recession dates shaded gray. Ag Econ...
From Purdue/CME Ag Econ Barometer: Figure 1: Ag Econ Barometer index (blue, left scale), Consumer Confidence (brown, right scale). NBER defined peak-to-trough recession dates shaded gray. Ag Econ Barometer Oct 2015-Mar 2016 = 100. Source: Purdue/CME, Conference Board, NBER. The trade war has gone on in earnest for over a year — since “Liberation Day”, […]
Glass House Analysis
International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
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