Markets are betting Trump's bark is worse than his bite. Consumers are not [CNN]
Snap-On Incorporated (SNA)
Last snap-on incorporated earnings: 4/21 06:30 am
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Source: CNN
Claudia Sahm wrote in a Bloomberg op-ed last month, even talking about tariffs tends to stoke inflation. “When consumers take the potential costs seriously, tariffs do not even have to go into effect to cause an increase in prices,” Sahm wrote. “That's why it's so risky to use the threat of tariffs as a bargaining chip.” Early indicators suggest Americans believe Trump isn't bluffing. On Friday, a preliminary reading of US consumer sentiment sank to a seven-month low because of expectations that high inflation will return within the next year. And on Monday, the Federal Reserve Bank of New York survey showed consumers expect inflation over the next five years to rise to 3%, the highest reading since May. In short, consumers aren't stupid, and American consumers especially don't need to be told twice to buy now before prices go up. Expectations shape behavior. Behavior shapes prices. Prices go up when demand does. (As anyone shopping through the pandemic knows all too well.) A
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SNA
Earnings
- 10/16/25 - Beat
SNA
Sec Filings
- 12/11/25 - Form 4
- 12/11/25 - Form 144
- 12/4/25 - Form 4
- SNA's page on the SEC website