Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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Nov 7 4:00 PM EST

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To: John Pitera who wrote (89779)	2/15/2017 8:44:30 AM
From: Mevis	1 Recommendation Read Replies (1) of 218596

the statement below is very important, IMO. I don't think it will spell much doom for the metals markets BUT the stock market may find itself halted in its tracks at some point this year due to these upward pressures. And the benefit of lower corporate tax rates we will likely see in some form may be muted a bit due to the higher dollar. "It’s possible that a trade war would drive flows into the dollar, putting upward pressure on the currency at the expense of other exchange rates. That would be on top of the natural demand for the greenback created by the anticipation of significant fiscal stimulus floated by the Trump administration and a faster pace of interest-rate increases by the Federal Reserve".

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