How the media was so wrong about Trump's tariffs

in #tariffs7 years ago

Take a look at these articles and see if you can find a consensus view point.

http://menafn.com/1096543878/IMF-warns-Trump-tariff-will-hurt-US

https://www.thenews.com.pk/print/288018-imf-warns-us-steel-aluminum-tariffs-likely-to-hurt-economies

https://www.thequint.com/news/hot-news/imf-warns-trump-tarrif-will-hurt-us

https://finance.yahoo.com/news/imf-warns-steel-aluminium-tariffs-185044544.html

http://www.independent.co.uk/news/world/americas/donald-trump-trade-war-steel-imf-warning-economy-tariffs-aluminium-a8237941.html

If you read these articles, it shows that the journalists around the world are claiming that Trump's tariffs would hurt the economy.

Now take a look of how the market reacted Monday to these articles being published around the world:

Screen shot 2018-03-05 at 5.58.10 PM.png

The market melted upward today, rapidly and fast, due to these journalists all lying to the public about Trump's tariffs. The market will continue to move upward rapidly unless these journalists start producing material that claims that Trump's tariffs are good. Until then, we will get the same upward movement in the markets that we have received over the last one hundred years. Happy trading!

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