“War of Words” Between Fed and Trump Administration Is Now Underway!
“War of Words” Between Fed and Trump Administration Is Now Underway! USD DOWN > BONDS UP > YIELD DOWN (Cheaper Dollar Means Bonds Cost More in $$ and the Yield is Less) WAR OF WORDS BEGINS WEAKENS $$:Trump (WSJ Interview) and Mnuchin (Confirmation Testimony) Indicate they fell Dollar is PRESENTLY too high. STRENGTHENS $$: Yellen […]