Interest rate increase will cause the US$ to go up. IMO it's a head fake, Trump wants more exports, the dollar needs to be low. As we know the markets are overbought and a pullback is overdue.
Now if there is another shoe to drop, that's another story...
But the shoe has already dropped -- and it costs $1.5 Trillion dollars. That'll put a pinch on your monetary value, sure as shootin'!
