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home / news releases / TYBS - On Trump Going Nuclear On Trade And Weaponizing The Dollar


TYBS - On Trump Going Nuclear On Trade And Weaponizing The Dollar

By Francis A. Scotland

President Trump has waged war on the Federal Reserve (Fed) for over a year. Salvos of tweet-bombs laced with criticism and ridicule have been launched at the central bank. Trump's main point has been that the Fed is too hawkish and the dollar too strong. Absorbed by Trump's behaviors, most commentary on this war has focused on the implications for Fed independence - not whether Trump has a point. It turned out he did, at least last year.

Fed Chair Powell made a serious error in judgment last year thinking that

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Stock Information

Company Name: Direxion Daily 20+ Year Treasury Bear 1X Shares Direxion Shares ETF Trust
Stock Symbol: TYBS
Market: NYSE

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