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Nikkei closes up 6.72% in global rally

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After winning,his soft tone surprised everybody.

0 ( +0 / -0 )

“If the US economy revives through expanded fiscal spending and tax cuts, US interest rates would rise, which in turn is a plus for Japanese stocks through a stronger dollar and a weaker yen.” oh but according to Trump that would be Japan manipulating its currency!, America want a strong robust economy, but a weak currency as well. cant have your cake and eat it too

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So the yellers and screamers on the floors of the world's exchanges are still making money hand over fist, and the middle classes still struggle to put food on the table. What's changed????

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These days there aren't many people yelling and screaming on floor of exchanges, they have largely had their jobs computerized away so I don't think there's much money being made in that way to be envious of.

Trump talked a lot of populism on currencies but I think all is tariff threats are at worst a negotiation strategy and at best empty talk.

I do believe the new government will lower taxes and regulations though, a mix which can only be good for US economic growth.

4 ( +4 / -0 )

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