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  • The name Lighthizer sends tremors through FX

    From think.ing.com

    A quick take on global FX markets this Monday morning sees the dollar largely holding onto gains made on the back of the likely Republican clean sweep, while China's fiscal stimulus has so far failed to move the needle on recovery prospects elsewhere in the world. Friday also saw the dollar move a little stronger late in Europe after the Financial Times reported that Donald Trump is again lining up Robert Lighthizer to run his trade policy. Lighthizer would reprise his former role of US Trade Representative and would be in charge of trade investigations and recommended tariffs. He's an arch hawk on trade – although ... (full story)

what a ridiculous headline to choose....... this place is as bias as CNN and MSNBC, and they won't even let you delete your account.
DJT wants to tank the USD, but he can't do it if UST rates are rising. Most of the radical economic measures he promises to enact are hugely inflationary, but don't expect him to go back on his promises. Like him or not, Trump will generally do what he says he's going to do, or try to. The POTUS now has (thanks to the SCOTUS) near king-like power, so maybe he will tire of the Fed chair not cutting rates fast enough and install a puppet there. MTG certainly would be a good choice. Then we could have rates back down to 0 in no time. That's what the King of Debt loves. Rumors of the Bond Vigilantes all just that, an old wives tale. Everything is gonna be Grand!
"If The Fool persists in his Folly he will become wise." - William Blake
As more and more headlines like this start showing up, you can expect them swings for sure. The precious Santa rally may even be threatened...

Stanley Black & Decker CEO signals price hikes, production relocations under new Trump administration

https://www.hartfordbusiness.com/art...nder-new-trump
"If The Fool persists in his Folly he will become wise." - William Blake
....lol.....fun fun fun

“The Executive Branch should be under the direction of the president,” Lee said Thursday in a post on X, hours after Fed Chair Jerome Powell told reporters he wouldn’t resign if Trump asked him to. “The Federal Reserve is one of many examples of how we’ve deviated from the Constitution in that regard,” Lee added. “Yet another reason why we should #EndTheFed.”

https://www.yahoo.com/finance/news/e...103047960.html
"If The Fool persists in his Folly he will become wise." - William Blake
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  • Posted: Nov 11, 2024 10:49am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 4  /  Views: 3,927

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