{"id":273358,"date":"2025-06-04T19:48:28","date_gmt":"2025-06-04T19:48:28","guid":{"rendered":"https:\/\/peraltafinancing.com\/uncategorized\/waiting-for-the-data-to-bite\/"},"modified":"2025-06-04T19:48:28","modified_gmt":"2025-06-04T19:48:28","slug":"waiting-for-the-data-to-bite","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=273358","title":{"rendered":"Waiting for the Data to Bite"},"content":{"rendered":"


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Is it just a matter of time before the impact of tariffs hits data?<\/strong><\/h2>\n

The Tariff Lag: Waiting for the Data to Bite<\/p>\n

If I said on April 2, when President Trump announced reciprocal tariff details, that two months later stocks would be rallying, bonds consolidating, inflation data tame and employment holding up, you would have tossed me into a room, locked the door and threw away the key.<\/p>\n

Either markets are trading in a fantasy land or they see something I don\u2019t see beyond the horizon or this is just the calm before a data storm surprise.<\/p>\n

A Delayed Tariff Impact<\/strong><\/h3>\n

Tariffs don\u2019t hit overnight. What we\u2019re likely seeing is a distortion of current economic data, influenced by businesses front-loading orders or shifting supply chains in anticipation of higher costs.<\/p>\n

So far, inflation hasn\u2019t surged but that doesn\u2019t mean it won\u2019t. Consumer prices will rise, it\u2019s just a matter of how much, and how fast.<\/p>\n