>“Trump trade” bets on a stronger dollar and higher bond yields have backfired so far this year, as investors take a more bearish view on the economic fallout from the new US administration’s global trade war.
>The US currency has slipped and Treasuries have rallied since early January, confounding widespread investor expectations that President Donald Trump’s plans for [trade tariffs](https://archive.fo/o/QPNtG/https://www.ft.com/trump-tariffs) and tax cuts would keep inflation and interest rates high.
>[…]
>Investors have pulled back from popular Trump trades partly because the president’s tariffs have so far been less aggressive than many feared. But many also worry that the uncertainty sparked by the stop-start trade war could begin to hurt confidence in the US economy, undermining the bullish market reaction to Trump’s election in November.
>The “average menu” of popular trades, such as betting against the euro or the Chinese renminbi, has not rewarded investors this year, Minier said. “You continue to need reasons for the dollar [rally] to continue to extend, at least for now those things have been pulled away,” he added.
Inflation only hurts the American pocketbook when the excess costs are asssociated with federal programs that benefit women and ethnic minorities. Inflation is effectively legalized rape of the Head of Household, under those circumstances.
Fortunately, all coming inflation will actually be directed at our enemies – while it might feel like you’re getting less with every trip to the pump or the grocery stores, actually you are paying for freedom from caring about other people.
Y0___0Y on
He thinks he can just threaten tariffs and enact them for a little bit to get any concession he wants from anyone. Even doing that is damaging our economic relationships and weakening our economy. It’s becoming a bad idea to trade with the US. Every few years a Trump person is going to be in charge and is going to harass America’s trading partners.
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Archived version: [https://archive.fo/QPNtG](https://archive.fo/QPNtG).
>“Trump trade” bets on a stronger dollar and higher bond yields have backfired so far this year, as investors take a more bearish view on the economic fallout from the new US administration’s global trade war.
>The US currency has slipped and Treasuries have rallied since early January, confounding widespread investor expectations that President Donald Trump’s plans for [trade tariffs](https://archive.fo/o/QPNtG/https://www.ft.com/trump-tariffs) and tax cuts would keep inflation and interest rates high.
>[…]
>Investors have pulled back from popular Trump trades partly because the president’s tariffs have so far been less aggressive than many feared. But many also worry that the uncertainty sparked by the stop-start trade war could begin to hurt confidence in the US economy, undermining the bullish market reaction to Trump’s election in November.
>The “average menu” of popular trades, such as betting against the euro or the Chinese renminbi, has not rewarded investors this year, Minier said. “You continue to need reasons for the dollar [rally] to continue to extend, at least for now those things have been pulled away,” he added.
This will lower the price of groceries right?
Didn’t Trump say he wanted to weaken the dollar?
Edit: yep, from Nov 2024
https://www.wsj.com/finance/currencies/trump-wants-a-weaker-dollar-that-will-be-easier-said-than-done-b5eca8f1
Inflation only hurts the American pocketbook when the excess costs are asssociated with federal programs that benefit women and ethnic minorities. Inflation is effectively legalized rape of the Head of Household, under those circumstances.
Fortunately, all coming inflation will actually be directed at our enemies – while it might feel like you’re getting less with every trip to the pump or the grocery stores, actually you are paying for freedom from caring about other people.
He thinks he can just threaten tariffs and enact them for a little bit to get any concession he wants from anyone. Even doing that is damaging our economic relationships and weakening our economy. It’s becoming a bad idea to trade with the US. Every few years a Trump person is going to be in charge and is going to harass America’s trading partners.