US Economic Outlook under President Trump
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US Economic Outlook under President Trump
This article was written by Michael Oyebamiji, an FX analyst with major focus on G-10 currencies.
Since the election of Donald Trump we have seen a real divergence in the financial markets, not just in the US but global too.
USD touched a 15-year high at $100.55, gold prices crashed to an 8 month low, and the DOW Jones and Russell 5000 closed at record highs. The market is now anticipating a rate hike from the Federal Reserve with odds at 92%, and inflation is again a force to reckoned with.
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