August 9, 2016

MACRO VIEW: The Donald's Dollar Risk

The U.S. dollar will weaken sharply if Donald Trump wins the presidential election in November. But it's less clear if the sell-off has legs beyond his potential inauguration in January. Given some of the pronouncements made during his campaign to date, markets will rightly be concerned about the direction of Trump's policy. But, without taking a view on whether he actually intends to preside as indicated, the reality is that he'll be severely constrained in his ability to dictate policy Recent

Source: Bloomberg Politics