HomeIndustriesCrypto‘The Dollar is the Linchpin’ – And Needs to Fall
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‘The Dollar is the Linchpin’ – And Needs to Fall

‘The Dollar is the Linchpin’ – And Needs to Fall

Jay Pelosky looks at Scott Bessent’s nomination to Treasury Secretary, focusing on the difficulty of Bessent’s determination to cut the deficit while boosting growth. “The dollar is the linchpin,” he adds, and is looking for a weak dollar, which he thinks Trump and Bessent also want. He thinks Trump will be better for non-U.S. markets than for the U.S.

Morning Trade Live

25 Nov 2024

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