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mitty14u2

(1,015 posts)
Wed Jan 18, 2017, 03:54 PM Jan 2017

Dollar Tumbles on Trump Comments

This discussion thread was locked as off-topic by DonViejo (a host of the Latest Breaking News forum).

Source: Wall Street Journal

Dollar falls to one-month low after President-elect Donald Trump describes it as ‘too strong’

The dollar tumbled to its lowest level in a month after Donald Trump suggested to The Wall Street Journal he favored a weaker dollar, breaking with decades of tradition and intensifying investor concern over the incoming administration’s capacity to surprise.

Read more: http://www.wsj.com/articles/trump-comments-send-dollar-reeling-1484666714



This is how easy its to control the markets, just short the dollar and collect the money, what a lucrative game if you pay attention!

Trump "suggested to The Wall Street Journal he favored a weaker dollar" Cha Ching! Do Nothing, Build Nothing, Don't Work, Just collect Money on sure things, The Fix is back with a Vengeance!
4 replies = new reply since forum marked as read
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Dollar Tumbles on Trump Comments (Original Post) mitty14u2 Jan 2017 OP
Would that make it a better time for him to pay off his debts? Seems intentional. bettyellen Jan 2017 #1
Pay attention to what Wellstone ruled Jan 2017 #2
Wall Street is imbedded in the WH. democratisphere Jan 2017 #3
Locking... DonViejo Jan 2017 #4
 

bettyellen

(47,209 posts)
1. Would that make it a better time for him to pay off his debts? Seems intentional.
Wed Jan 18, 2017, 04:05 PM
Jan 2017
 

Wellstone ruled

(34,661 posts)
2. Pay attention to what
Wed Jan 18, 2017, 04:05 PM
Jan 2017

Larry Kudlow says. Kudlow was Reagan's money advisor,and his game is this weak dollar helps our trade,buy selling more goods overseas. What really happens is,all currencies adjust accordingly,so,if you short the dollar,that is what is happening. Trump is taking care of his Bud's like Mercer who is a major Currency trading hedge fund.

democratisphere

(17,235 posts)
3. Wall Street is imbedded in the WH.
Wed Jan 18, 2017, 04:08 PM
Jan 2017

It is all about them; not about most of US.

DonViejo

(60,536 posts)
4. Locking...
Wed Jan 18, 2017, 04:58 PM
Jan 2017

Over 12 hours old: Updated Jan. 17, 2017 7:52 p.m. ET, posted @ DU Wed Jan 18, 2017, 02:54 PM.

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Post the latest news from reputable mainstream news websites and blogs. Important news of national interest only. No analysis or opinion pieces. No duplicates. News stories must have been published within the last 12 hours. Use the published title of the story as the title of the discussion thread.
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