Is it as simple as if Trump wins, USD does a rocket to the moon and the reverse if Harris wins?
Or will this week just be chop city?
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Trump will likely bring about a new fiscal stimulus in the U.S., most likely through corporate tax cuts. This would, in turn, push up expected inflation, meaning the Fed would likely slow down on rate cuts. Plus, Trump would probably go back to a protectionist stance, which could spark trade shocks. All in all, this would give the dollar a boost.
Well the dollar is definitely up since the election. Of course, it hasn’t been a week.
Yea, it will be interesting to see what policies get passed next year and how the world is impacted by them.
Not looking forward to trade wars.
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Prior to the implementation of any policies, there is an opportunity to earn a substantial amount of money, considering the current high expectations.
Businesses are bracing for President-elect Trump and the ways he is aiming to reshape the U.S. economy during his second term.
Stocks have rallied since Tuesday as traders expect a Trump administration to cut corporate taxes and loosen regulations – two goals typical of Republican presidents.
“Clients have very high expectations any time a new administration comes in. But given all the promises they made on the campaign, the expectations are big,” a Democratic lobbyist told The Hill.
“Given the optics of a potentially unified government, patience to deliver lower taxes and a more business-friendly regulatory environment will be short.”
But Trump’s plans for steep new tariffs and mass deportations loom as two of the most serious and unpredictable obstacles facing businesses
Here are five major Trump plans that businesses are preparing for and watching.
The tariffs, which range from 10 to 20 percent on all imports into the U.S., have sparked alarm among companies with global presence and international supply chains.
Woah that’s crazy big. I like the idea of keeping it in-country, but we’re a huge importer. This sounds nuts.
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Trump may want to reconsider, as the situation could deteriorate rapidly.
Ultimately, it will be the American citizen who ends up bearing the burden of increased tariffs.
Implementing tax cuts for corporations and wealthy individuals while compensating with increased tariffs negatively impacts the average citizens while having no effect on the wealthy.
Usd dollar is no good , it’s conflicted by trumps tariffs which turned usd jpy into correlation with the stock market , which throws usd cad outta wack
Instead turn to Aud usd
Which will crash for 4 years of his presidency
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I suppose you could sell usd jpy which will come down with stocks
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In fact I just sold usd jpy, only tiny bit of my account
Entry 155.496
I’ll hold this for 4 years
The closer we get to 158, the more your USDJPY short trade makes sense.
Will be interesting to watch!
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Yeah agree trade wars are inefficient because both parties bear costs. And I think Trump this time won’t be aggressive in his initiatives as he was previously.
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What do you think? All talk and no bite?
The exact outcome remains uncertain until the moment arrives, yet the markets are adapting to their anticipation of what lies ahead and will continue to adjust should the president proceed with his plan.