BALANCE OF TRADE IS THE END GAME
USD Is Falling As MONEY GOES HOME. What’s The End Game? How To Manifest Wishful Thinking. Market Sell-Off Is A Feature Not A Bug! What’s The Trade? Recession Will Fix Rising Yields. Spending Cuts Now.
USD Is Falling As MONEY GOES HOME
Prior to Trump getting elected I posted a lot about an overvalued US dollar and how I expected a Trump win would be USD bearish - from tariffs (which I fully expected/still expect to happen) but also on “peace” or forced armistice between Ukraine-Russian.
Add to that, we now have money chasing rising yields in rest of world (ROW), as allies and foes alike embark on counter-measures and fiscal spending to Trump’s tariffs and trade wars. We can see it not only in the falling value of the US dollar relative to peers, but also in the falling US equity markets…
THIS is money going home -
