Examining the long-term trend of 
DXY since the 1980s, we might be facing a staggering 40% reduction in valuation, potentially landing us around 60. If the US were to devalue the dollar this drastically, could it effectively erase the national debt? 🤔 Is Trump bold enough to consider such a move?
We know the FED is going to cut eventually, the question is when and by how much? Initial claims came in higher than estimated, with cracks beginning to show in the labor market, how much longer can JPow hold out?
DXY since the 1980s, we might be facing a staggering 40% reduction in valuation, potentially landing us around 60. If the US were to devalue the dollar this drastically, could it effectively erase the national debt? 🤔 Is Trump bold enough to consider such a move?We know the FED is going to cut eventually, the question is when and by how much? Initial claims came in higher than estimated, with cracks beginning to show in the labor market, how much longer can JPow hold out?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.