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Sri Lanka Equity Forum » Stock Market Talk » Trump,the US$ and Sri Lanka

Trump,the US$ and Sri Lanka

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1 Trump,the US$ and Sri Lanka on Wed Nov 23, 2016 5:08 pm

Agape


Senior Equity Analytic
Senior Equity Analytic
It appears that the Trump victory is going to send the US $ to all time highs against most currencies as his administration will ramp up Public spending and run huge budget deficits
This is due to the fact that he needs to create more jobs for the Americans

The implication to us in Sri Lanka will be a flow out of Debt and Equity Mkts by the Foreign Funds-The run has started and will continue.Even the US Bonds are taking a hammering

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