Check Out What Happened To The U.S. Dollar After Trump LANDSLIDE… This Is YUGE

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Dean James III% AMERICA’S FREEDOM FIGHTERS –

Immediately following President-elect Donald Trump’s victory in the 2016 election, stocks took a dive- but that changed in a heartbeat! 

Now we are seeing the vision of a glorious new America where the value of the dollar was higher than it has been in over 14 years.

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As reported Wednesday by Reuters, the value of a dollar had “hit a 14-year high against a basket of (competing) currencies,” including the euro, the yen, the pound and the franc, among others.

Likewise, the dollar index, which measures the U.S. dollar against a collection of the world’s top competing currencies, had risen to 100.53, a high not seen since 2003. And the stock market ended the previous week with some of its highest gains in years, Conservative Tribune reports.

While this works out great for the United States, it had the potential to be very disadvantageous for the nations of Europe — particularly the leeches.

“The world’s interest rates have been dragged higher by the U.S. yield curve, creating the risk that interest rates may be too high for the still-fragile economies in Europe and emerging markets,” Stephen Jen of hedge fund Eurizon SLJ Capital explained.

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The reason for the sudden spike in value reportedly lay with Trump’s proposals for boosting the U.S. economy. Plans such as those to cut taxes and boost infrastructure spending were expected to serve as a much-needed boon to President Barack Obama’s ailing economy.

“I think the rises in U.S. yields have been driven by excessive optimism in the stock market on Trump’s economic policies,” said Shuji Shirota, head of macro economic strategy at HSBC in Tokyo.

Or said in another way, “The narrative on the dollar is strong,” as was stated by Simon Smith, chief economist at FXPro.

“A move higher in interest rates next month is now a near dead cert, with the implied path for rates next year also moving higher and providing further support for the dollar,” he added.

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All was finally well with the U.S. economy — or at least its trajectory, assuming Trump were to implement his full agenda — and there was nothing the naysayers could do to stop all the winning that Trump had predicted.

HAPPY DAYS ARE HERE AGAIN FOLKS! AMERICA FIRST! 

God Bless. 

Dean James III% AMERICA’S FREEDOM FIGHTERS

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