How cruel can Trump’s government be to the dollar and safe haven markets?

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You won’t be able to keep the greenback idle.

The US dollar has had a remarkably strong summer, and while its rise has been tempered in the days following a leftist resurgence in the French elections, it is still on a gangbuster ride. The buck is poised to be 13% stronger in 2021 (in the Fed’s complex global financial system dollar index gradually) than before the Federal Reserve started raising interest rates.

This is great news for American tourists planning trips out of the country this age (and they are in record numbers), but not so good for the large, multi-national companies that make up most of the S&P 500. Are.

What is happening: The latest surge in the greenback is politically charged, however, at its core, it all depends directly on the Fed.

Again showing a lackluster summer for most ages, contemporary presidential polling has turned to a bias for former President Donald Trump over President Joe Biden. Now Trump’s victory in November would benefit Trump, who could potentially renege on the protection or increase of tax cuts and higher price lists. During last week’s presidential debate, Trump reiterated his desire to impose a 10% tariff on all imports, which could potentially increase inflation and cast doubt on an interest rate cut.

Lisa Shalett wrote, “After reflecting on the statistical stalemate over the past few months, the US presidential election has broken decisively in favor of a Republican victory, and markets that ignored the political rhetoric are underestimating the results.” “, which has increased bond volatility.” The head of the global investment office at Morgan Stanley Wealth Control in a note on Monday.

“While stocks continue to rally, equity investors will ultimately need to grapple with the potential consequences of proposed policies involving three important variables—tax cuts, tariffs and closed borders,” he said.

Morgan Stanley analysis projects that an extension of the 2017 tax cuts will widen the deficit sharply, pushing the US dollar even higher.

There are alternative reasons why the greenback has moved up as weak growth in some European and Asian currencies is not hidden. The United States’ financial system has become less flexible due to high inflation and interest rates, the euro zone has gone into recession and China and Japan have faced financial shocks of their own.

Why is this issued: “The US dollar has strengthened surprisingly as the US is expected to lead the worldwide economic recovery,” said Louis Navellier, chairman and founder of Navellier & Friends. However it does include achievable results. “A stronger US dollar could hamper larger stocks such as the multi-national companies that dominate the S&P 500, however, smaller, more domestic companies are poised to prosper.”

He said month-to-month expectations for second-quarter revenue, which starts on Friday, remain at the top, adding that there may be some pessimism on the horizon, while lamenting how disappointing a stronger dollar could be in a day.

A stronger dollar makes US exports more expensive and reduces the revenues of US companies operating outside the country when the revenues are converted back into dollars. This will also increase the festival due to cheap imports. And as a stronger dollar pushes down the cost of imported raw materials, it could fuel inflation and hurt global investment.

Monetary information is disorganized. Past due bills and final warning service-cutoff notices. Multiple withdrawals from warehouse per day. Shopping out of character.

When a member of a country who has been quite responsible with cash throughout his life becomes careless with his budget, it can be a sign of as-yet-undiagnosed dementia, is the experience of my worker Jean Sahdi.

Researchers at the New York Federal Reserve, who analyzed both US credit reporting and Medicare data, found that in the five years before a dementia diagnosis, a person’s moderate credit rating may begin to weaken and their payments may be delayed. .

“The detrimental financial impact of undiagnosed memory disorders adds to the substantial financial pressure families already face upon diagnosis,” the researchers wrote. “Beyond sensitivity to payment delays, early stage (Alzheimer’s disease and related disorders) may impact new account opening and debt accumulation, credit utilization and/or credit mix.”

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Boeing has definitively pleaded guilty to one count of conspiracy to defraud the United States for its role in two fatal 737 Max crashes, the Justice Branch said in a statement filed in court Sunday night.

As CNN’s Chris Isidore reports, this represents yet another bleak vision of what could be yet another series of embarrassing defense blunders for the company, though the promise avoids more serious consequences.

It will pay up to $487 million in fines — a slice of the $24.8 billion that families of conflict victims had demanded the airplane maker pay. The segment said families of victims of the two fatal 737 Max crashes have closed the business.

The guilty plea is deeply ruining the reputation of Boeing, a company once known for the comfort and safety of its industrial aircraft. Following the deadly crashes of the 737 Max jets, the company has faced a number of questions regarding the safety and comfort of its planes. In January, a door plug on a 737 Max flying Alaska Airlines broke off early in flight, leaving a gaping hole in the side of the jet and further tarnishing Boeing’s reputation.

The promise states that Boeing will have to work under the supervision of a sovereign track – a person chosen by the federal government – ​​for a period of three years. However, according to one of his lawyers, that oversight and quality did not satisfy the victims’ families.