, Columnist
Trump Will Move Markets More Than the Fed
The difference is that unlike rate cuts, the former president’s campaign fortunes aren’t yet priced in. That could change soon.
What’s positive for Trump is positive for the dollar, for now.
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Very little that happens this year will matter as much for markets as the US election. Indeed, it’s just possible that the campaign and its result could move markets even more than what the Federal Reserve might do.