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 administrations 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!
bettyellen
(47,209 posts)Wellstone ruled
(34,661 posts)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)It is all about them; not about most of US.
DonViejo
(60,536 posts)Over 12 hours old: Updated Jan. 17, 2017 7:52 p.m. ET, posted @ DU Wed Jan 18, 2017, 02:54 PM.
From the SOP of the LBN Forum (emphasis added):