One Bank Warns: “Bad Trump Dominates The News”

Donald Trump's immigration policy has gotten most of the press attention in recent days - and deservedly so. It's nuts. Racist. Pointless. Possibly unconstitutional. Maybe illegal. Probably the brainchild of a clearly unhinged, right-wing (and not the Paul Ryan good kind of right-wing) propagandist. The whole nine yards. But as far as markets are concerned, the new administration's FX policy is just as crazy. In fact, that statement is itself crazy. That is, the fact that the new administrati

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