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Maybe the dollar is only going "up" because the other economies are scared shitless of Trump as a president, and their currencies are going down as a result of

• danarmak 10y ago
  If other economies are more scared of Trump than the American economy is, and if both are right to react so, that would imply the markets believe Trump's promises of benefiting the American economy at the expense of others. Unlike some common rhetoric that says Trump's proposed changes would harm the American economy. Disclaimer which seems necessary even on HN these days: I'm just pointing out implications, not stating my own beliefs or preferences.
  • tveita 10y ago
    As this isn't a zero-sum game, they could also believe the American economy will do badly but other economies will do even worse.
    • up_so_floating 10y ago
      That would be easier to believe if the US market indices were not at all time highs.
      • keywordwilldo39 10y ago
        They're at all time highs with Obama on the outs, and Trump coming in. You could say that means people are into Trump coming in, pushing them up. However... The parent comments are prognosticating. The way the world looks today is not a good data point when the future includes, what many believe to be, a wildcard President coming in. And let's not forget the establishment party with a hard on for regressive policy control all three branches of US government. Their entire MO of the last few decades is "no compromises". They've destroyed their reputation as a group (Congressional approval ratings), but don't care because individually they're fine. They've shown no desire to improve their image. So a wildcard President, and a group of stubborn old assholes is in control. Stick to the guns or spray and pray at the wrong time, and the all time highs could crater.
• cmdrfred 10y ago
  The dollar is going up because people are buying it.
  • baldfat 10y ago
    But why are people buying it? It's written in the article why.