Summary:
The Oracle Master Persuader speaks. After Stephen Mnuchin failed to arrest the dollar's freefall this morning, it appears to have been left to President Trump to 'fix' it. In a brief clip from a longer CNBC interview, Trump explained "ultimately he wants to see a strong dollar" and the dollar spiked... As Scott Adams says, facts are meaningless; persuasion is everything. Trump gets that in spades. Zero HedgeDollar Surges After Trump Says "Mnuchin Was Misinterpreted, Dollar Will Get Stronger" Tyler Durden
Topics:
Mike Norman considers the following as important: USD
This could be interesting, too:
The Oracle Master Persuader speaks. After Stephen Mnuchin failed to arrest the dollar's freefall this morning, it appears to have been left to President Trump to 'fix' it. In a brief clip from a longer CNBC interview, Trump explained "ultimately he wants to see a strong dollar" and the dollar spiked... As Scott Adams says, facts are meaningless; persuasion is everything. Trump gets that in spades. Zero HedgeDollar Surges After Trump Says "Mnuchin Was Misinterpreted, Dollar Will Get Stronger" Tyler Durden
Topics:
Mike Norman considers the following as important: USD
This could be interesting, too:
Mike Norman writes Michael Hudson —Persian Powerplay
Mike Norman writes Reuters — World needs to end risky reliance on U.S. dollar: BoE’s Carney
Mike Norman writes ‘In Gold We Trust’: Waning confidence in US sends world’s central banks on buying spree — Darius Shahtahmasebi
Mike Norman writes Jillian Ambrose — China to launch rival oil futures market in spring
After Stephen Mnuchin failed to arrest the dollar's freefall this morning, it appears to have been left to President Trump to 'fix' it. In a brief clip from a longer CNBC interview, Trump explained "ultimately he wants to see a strong dollar" and the dollar spiked...As Scott Adams says, facts are meaningless; persuasion is everything. Trump gets that in spades.
Zero Hedge
Dollar Surges After Trump Says "Mnuchin Was Misinterpreted, Dollar Will Get Stronger"
Tyler Durden