The Dollar In Trump’s Second Coming

A word on the dollar. I suppose I should say another word on the dollar. I already spent a few minutes editorializing around the greenback's steep post-election rally in "MAGA High," but it bears further mention. As noted, the rationale for dollar strength is that Trump's going to run-it-hot, so to speak, piling expansionary fiscal policy (from the supply-side, naturally) atop already robust growth, a conjuncture that's conducive to higher yields, a shallower Fed cutting cycle and, in all likel