The prospect of imminent tariffs on Mexico and Canada is working against us today as a soaring POSX is leading to additional Spec liquidations of CDG and CDS.
And this is the first real, sustained weakness we've had in the PMs since 2025 began so we'll have to watch closely from here. We all knew that the eight week winning streak of green candles was going to end at some point and now here we are. What comes next will be telling.
The news today was on multiple fronts. First, Trump clarified that the tariffs for Mexico and Canada are set to be started on March 4, not...
