Protectionism = bad

Friday, March 30, 2007

...unless you're the Commerce Department or a US manufacturer of coated paper. The announcement of the imminent imposition of tariffs against China in the coated paper market has sent the dollar, equities, EM, and bond yields sharply lower. Perhaps wave 'C' stands for China.....

Posted by Macro Man at 4:49 PM  

0 comments:

Post a Comment