Category: Steel
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Money Moves
“The Smart Money Just Doubled Down” examines recent 13F filings from leading investors, revealing strategic increases in investments amidst market challenges. Bill Ackman’s substantial purchase of 13.2 million shares in Nike underscores his faith in the brand’s direct-to-consumer approach despite its struggles. Similarly, Howard Marks and Michael Burry are reinforcing their positions in Chinese tech…
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Trump on Offense
Trump defends his proposal for a 10% tariff on imports from countries like China, India, and others. He argues that it would bring international trade back to the United States and save industries, such as steel, that have been negatively impacted by foreign competition. Trump believes that the tariffs would also give the US political…