Wednesday, March 07, 2018

The Difference Between Good Inflation and Bad Inflation

https://economyandmarkets.com/economy/good-inflation-bad-inflation-explained/

It seems that some bad ideas never die.
President Trump rattled the markets last week by unexpectedly announcing his intent to impose a large 25% tariff on imported steel and a 10% tariff on imported aluminum. The market was already trending lower, but the tariff news was enough to make the bottom fall out.
The Dow closed Friday down more than 1,200 points from its highs on the week.

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