Will Trump’s "Big Move" Work?
Deutsche Bank: To improve the trade deficit, the dollar needs to depreciate by 40%! Deutsche Bank suggests that Trump’s goal could be better achieved by a direct weakening of the dollar, which would need to fall by 40% to eliminate the trade deficit. However, this would set the dollar at a 30-year low, leading to expectations that Trump might resort to raising tariffs again.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Some famous words of Buffett. I hope it's useful to you. : )
287Followers
4Following
4791Visitors
Follow
EZ_money : Trump is not in office yet so nothing will happen until next year even then they have get Congress approval. Euro will weaken from banks cutting rates. we might not see a cut this year means dollar will gain strength.
EZ_money : pure speculation
EZ_money : it can't fall 40% it already lost 97% purchasing power since they went off the gold standard why do you think there's so many millionaires out there.... because they printed it