Well, howdy there, Internet people, it's Bell again. So today, we're going to talk about me being

wrong about tariffs. We're going to do this because I got a message. And not just does it talk about

tariffs. It touches on something else we've discussed recently. And both of these should be explored fully, even if I

end up with a little egg on my face. Here's the message. How's it feel to have major outlets

break the story that you're absolutely wrong about tariffs on the same day that you talked about how

much they were going to hurt.

That's got to hurt. But learn from it. Trump knows what he's talking about. Stop listening to

trade groups. He's not even in office yet and just the promise of the tariffs is already

bringing American jobs home. If you missed it, Steve Madden

says it will cut production in China to avoid Trump tariffs. I have to admit, it does hurt.

But not for the reason you think. It hurts because you obviously watch the channel. And I failed you. I failed

you by not making it clear that you have to read more than the headline. The jobs aren't

coming here. In the article with the exact headline you quoted, it makes that very clear.

Here's the quote from the CEO of the company.

We've worked hard over a multi-year period to develop our factory base and our sourcing capability in alternative countries, like Cambodia, Vietnam, Mexico, Brazil, etc.

First, the jobs aren't coming here.

Second, multi-year period.

They've been working on this.

They're accelerating the move to other countries because of Trump's promised 60% tariffs on

China.

Why would Steve Madden move?

Because they're moderately priced shoes.

...