Thx AJ, I thought that skyrocketing deficits, inflation,the give away social programs, fixing SS and medicare etc. would have an effect on the USD. Some or all of these could be thought of as presidential.
Thanks for the info, I'm surprised at the depth in which you are aware of in the imports such as the 25% drop in container shipping costs and the tax rebates.
I have just started ordering aluminum 1 1/2 weeks ago after waiting for 1 1/2 months and the drop in pricing.
I use T/A on the aluminum charts to give myself as much advantage as I can. I,ve been doing this since 96 and buy based on the LME and SMM (Shanghai Metals Market)
I have had some of my suppliers ask me if Obama will add tariffs to their exports to us. I am concerned as well as he had said he would do this previously.
Do you have a take on this?
Thx,
Snoot