Chart of the Day: No Pros When It Comes To tariffs!
Here's Bespoke Investment Group on the effect of tariffs on ironically the metals and mining industry group:
"You can say whatever you want about tariffs and the pros and cons on both sides of the argument, but with respect to the metals and mining companies, keep your ‘pros’ to yourself. The group has been stuck in a downtrend ever since the topic of tariffs first came up, and it’s now basically in full flush mode."
Of course you won't catch us saying anything about the pros of tariffs; as, frankly -- save for ostensibly on behalf of some politically powerful special interests -- none exist!