An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
HOW LONG WILL THE #STEELPRICERECOVERY LAST? https://t.co/0EESr6wHxJ— Meps International (@mepssteelprices) March 2, 2016
HOW LONG WILL THE #STEELPRICERECOVERY LAST? https://t.co/0EESr6wHxJ
Well, I said this back in January.
Right the tariffs again Mike... 200%+ tariffs put on steel imported to US about the time of this possible bottom...Just like the oil you called bottom when China and iirc Argentina put the domestic taxes on the oil...So these tariffs act to stabilize prices that are falling at least...Something to study wrt a Trump presidency and he puts a bunch tariffs on product imported to the US... as far as forex implications... Trump tariffs will probably have some substantial forex implications...
20% jump in iron ore today
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