$TRUMP
🔞🔞 The US Dollar situation 🚸
The most interesting part about yesterday's situation is that President Trump is effectively welcoming a weaker US Dollar ⚡️
Objectively speaking, the US Dollar just posted its worst year in 8 years 📢
When asked about it for the first time, President Trump could have easily pushed back on the recent decline 👀
In fact, he said the US Dollar is like a "yo-yo," which he could swing to either direction, acknowledging his ability to reverse its decline 📢
If this is the case, why didn't President Trump speak in favor of strengthening the US Dollar?📢
Because a weaker US Dollar comes with lower rates, higher US exports, a lower trade deficit, and higher nominal GDP growth 👀
And, most importantly: higher asset prices 📢
Yesterday's events are not a coincidence ↔️
🚸 Warning 🚸 I do not provide financial advice 🔞The intent of this content is for you to be aware of market conditions before starting to invest 👌Thank you for reading 👌