@#19 ... Chaos. ...
Yeah, as I have posted a few times in the past ...
Intentional chaos or incompetence.
I seem to be agreeing with the chaos aspect. But, at this point, I have to say, only a 60/40 agreement.
... I used to point out if HP opens at 87, stays at 87, and closes at 87, nobody makes any money. It's the swings where fortunes are made or lost.
The first time around, Trump and his minions manipulated the strong dollar weaker, and (no doubt) bet the markets would move that way.
Now he's realized that's a pittance, compared to futures markets...when you already know the outcome and the timing. ...
Whoa, that's a lot to digest ... :)
Let me take one item at a time ...
... The first time around, Trump and his minions manipulated the strong dollar weaker ...
Hasn't Pres Trump said he wants a weak dollar?
Trump Wants the Dollar to Be Mighty But Weak. It Makes No Sense.
www.barrons.com
... President Donald Trump's views on the role and level of the U.S. dollar recall a famous claim by the novelist F. Scott Fitzgerald. "The test of a first-rate intelligence," Fitzgerald wrote, "is the ability to hold two opposed ideas in the mind at the same time and still retain the ability to function." Assuming the president's policy hyperactivity is evidence of functioning, we are witnessing a first-rate intelligence in action.
Either that or a devastating disproof of Fitzgerald's claim.
Both Trump and Vice President JD Vance have, for some years, been outspoken in support of a weaker dollar ...
Let's start there ....
