tag:blogger.com,1999:blog-2761684730989137546.post2250068955990123938..comments2024-03-28T04:13:36.779-04:00Comments on Mike Norman Economics: Possible Bottom in Steelmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2761684730989137546.post-1967019258659219022016-03-07T18:09:59.029-05:002016-03-07T18:09:59.029-05:0020% jump in iron ore today20% jump in iron ore todayJoehttps://www.blogger.com/profile/06130159246198203762noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-21680098814455602612016-03-03T07:19:27.172-05:002016-03-03T07:19:27.172-05:00Right the tariffs again Mike... 200%+ tariffs put ...Right the tariffs again Mike... 200%+ tariffs put on steel imported to US about the time of this possible bottom...<br /><br />Just like the oil you called bottom when China and iirc Argentina put the domestic taxes on the oil...<br /><br />So these tariffs act to stabilize prices that are falling at least...<br /><br />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...Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-13840837195259225332016-03-03T06:43:28.878-05:002016-03-03T06:43:28.878-05:00Well, I said this back in January.Well, I said this back in January.mike normanhttps://www.blogger.com/profile/03296006882513340747noreply@blogger.com