JL Goes International, and to ETFs…… Oh my!

JL Collins · 9 Feb 2026 · jlcollinsnh.com ↗

3 korrents from this piece

JL Collins did not write this page.

Every claim below was made in this piece, quoted word for word and numbered in the order the piece makes them, so you can read it there rather than take our word for it. The sentence above each quote is our reading of the claim, not their wording. Each quote was checked against a stored copy of the page at build time; where the two differ, the quote is the fact.

Our reading
Erratic U.S. tariff implementation is teaching allies and enemies that the U.S. is no longer a reliable trading partner.

Their wordsTariffs, and especially the erratic implementation of them, are teaching our allies and enemies alike that the US is no longer a reliable trading partner.
Our reading
Tariffs are likely to become inflationary once companies can no longer absorb the added costs.

Their wordsThese tariffs are also likely to be very inflationary once companies are no longer willing or/and able to absorb them.
Our reading
The United States' share of global GDP and equity markets will keep shrinking, and that decline is accelerating.

Their wordsFor these reasons, I see that declining trend of the US share of the world economy described above accelerating.