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President Donald Trump's on-again, off-again trade war threats have put businesses and consumers on uneasy footing about the future, potentially hurting the economy.

To decide whether we agree with the Sage of Omaha, we employ “Dr. X's Bubble Detector.”

Shares of aerospace and defense company Huntington Ingalls (NYSE:HII) jumped 13.1% in the mid-day session after President Trump announced plans to help the shipping industry, including funding via tax incentives, during a session with Congress. He added, "We are also going to resurrect the American shipbuilding industry, including commercial shipbuilding and military shipbuilding." This is good news for companies like Huntington Ingalls, as the comments suggest the shipping industry might enjoy

A historic global trade war, a proposed $1.2 trillion European fiscal bazooka and the emergence of China as tech race leader are upending global flows of money, marking a potential turning point for investor capital away from the United States. China unlocked more stimulus on Wednesday and promised greater efforts to cushion the impact of an escalating U.S. trade war. Meanwhile, U.S. economic data points to a weakening, and the trade war unleashed by U.S. tariffs that kicked in this week is hurting sentiment inside and outside the world's biggest economy.For most of the last three years, investors had bet on "U.S. exceptionalism," with the country ahead of others in economic growth, stock prices, artificial intelligence and other areas.

Shares of computer processor maker Intel (NASDAQ:INTC) fell 5.2% in the afternoon session after amid growing worries that the Trump administration might repeal the CHIPS Act, which has been a big driver of government contracts. President Trump called the CHIPS Act "horrible, horrible thing" during a meeting with Congress. If repealed, Intel could take a serious hit, especially in its Foundry segment, which had been banking on government support to stay competitive.

Shares of automotive manufacturer Ford (NYSE:F) jumped 5.3% in the afternoon session after the Trump administration announced a one-month delay for tariffs on automakers whose cars comply with the United States-Mexico-Canada Agreement. This is good news, particularly for affected automakers who found their business entangled in the trade war. Markets had projected potential disruptions to the supply networks of auto manufacturers as the tariffs meant an increase in the cost of raw materials, par

Shares of automotive manufacturer General Motors (NYSE:GM) jumped 8.2% in the mid-day session after the Trump administration announced a one-month delay for tariffs on automakers whose cars comply with the United States-Mexico-Canada Agreement. This is good news, particularly for affected automakers entangled in the trade war. Markets had projected potential disruptions to the supply networks of auto manufacturers as the tariffs meant an increase in the cost of raw materials, parts, and finished