Tuesday , November 5 2024
Home / Mike Norman Economics / Tyler Durden — Dollar Surges After Trump Says “Mnuchin Was Misinterpreted, Dollar Will Get Stronger”

Tyler Durden — Dollar Surges After Trump Says “Mnuchin Was Misinterpreted, Dollar Will Get Stronger”

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:

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


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.
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *