Friday, July 13, 2018
There are rumors that Trump's administration manipulates commodity prices
Financial Times - "US cuts forecast for soybean exports to China". The forecast is that when tariff war would force to negotiate a compromise “ ... you’re going to see a spike in soybean prices, not just a rise”. There are tin foil hat rumors that tariff wars are used by Trump's administration to manipulate commodity prices in favor of people running ICE exchange.
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It's a question a lot of us are asking lately ... what exactly is the real goal of all this buffoonery by the WH? Is it essentially cronyism and back room deals? Another interesting theory is the Fed has 'run out of steam', and it's now up to the WH to stimulate inflation through fiscal stimulus, trade tariffs and other means.
ReplyDeleteso far it looks like that
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