Great Read! I think that President has the notion that economic recovery is instantaneous, this is untrue. Moreover, the stock market is not necessarily representative of the economy overall, we must look at other factors such as inflation, unemployment, etc.
Considering the appreciation of the #dollar, volatile #oil prices and decrease in the #Gold Spot Market, this activity is signalling a market change. Could be that as we exit the recession, business activity is picking up.
I agree that there are lots of scary outcomes. Past crisis, like in 97-98 were easy to handle because the USD #debt load was manageable. Now, the #USD overhang is around $25 T( in 2016)--- about 6 times the size of the #Fed's balance sheet--- and the Fed cannot help should things really come apart. A strong #dollar policy is not in anyone's interest.
US Dollar Comes Back Bid, But Brexit Hopes Underpin Sterling
A strong #dollar is more good news for #Trump.
Is The Trump Economic Agenda Falling Apart Before It Even Gets Underway?
Great Read! I think that President has the notion that economic recovery is instantaneous, this is untrue. Moreover, the stock market is not necessarily representative of the economy overall, we must look at other factors such as inflation, unemployment, etc.
Considering the appreciation of the #dollar, volatile #oil prices and decrease in the #Gold Spot Market, this activity is signalling a market change. Could be that as we exit the recession, business activity is picking up.
The Emerging Markets Are About to Feel the Pain of a Soaring Dollar
I agree that there are lots of scary outcomes. Past crisis, like in 97-98 were easy to handle because the USD #debt load was manageable. Now, the #USD overhang is around $25 T( in 2016)--- about 6 times the size of the #Fed's balance sheet--- and the Fed cannot help should things really come apart. A strong #dollar policy is not in anyone's interest.