Looking at it from one angle yes. A weaker currency boosts exports and inflation (currently good for America now) but on the flipside, inflation will only rise when America exports goods to countries with stronger currencies. Japan tried to weaken their currency in 2013 to boost exports and flopped, blaming it on low international demand. Exports shall be uncompetitive considering the high cost of manufacturing in the US. Thus the weaker currency shall not help

look at what happened post election to eurusd. I tend to think bearish sentiment might continue for a while before many come into terms with the reality.

Obi 1 therein lies the problem with the Trump vote. He promised what even he knows is a very complicated issues.

So he deports 5 million illegals. Those illegals were paying rent, paying taxes, paying for services and goods. Immediately, you drop your revenues. I'm not saying its even ever going to happen, but in case it happens, it shall be an economic disaster.

Don't believe those stories about illegals or criminal aliens. Most of them have well paying jobs and earn more than the lazy american worker.

Also note how the American economy is currently constituted. It's not the old system of building a tyre and selling it. It's now about shares and stocks and financial gaming and selling ideas such as facebook worldwide.

The American worker who's complaining about jobs is the same one who's going to complain about his retirement fund dropping in value. The retirement fund is investing in Nike to sell shoes to the world. Trump comes along and tells Nike that they must bring back the job to America. Nike profits fall due to an increase in production costs. The American worker doesn't get a return from his retirement fund and all of a sudden they hate Trump coz the economy crashed.

Someone needs to tell these people that there's no manufacturing jobs coming to America soon. They have even refused to fund their green tech industries because they are unamerican. And have now voted a president who says global warming is a hoax.

Meanwhile with the falling dollar, the oil they covet so much shall drop.. I mean. You can't write these stuff up.

You can't help these lazy people.

@alma1, this is where we differ. Who says Nike must produce in America for the world. Nike will produce in America for America and in China for the world.

Sometimes I wonder, how did SouthAfrica make it during Apartheid yet they have a small white population with purchasing power. They were able to build large industry, car plants, agricultural behemorths despite the Apartheid sunctions. Fast forward, America has a population of 300 million , many quite well off with serious purchasing power. No industry/ company will shun that market. They will make in America, for America. Americans will buy Made in America because it will be that or an over priced Chinese import. Manufacturer and millionares will be happy coz of promised tax cuts. Illegal immigrants are out. Hard working Americans will earn a living. I am no economist but from where I seat, I see no reason why its not do able.

Let's watch. I hope some ok me was as taking notes when Trump was talking. Reality Tv and real life are different matters

I hope and pray that you are right

tom_boy the reality on the ground in the US is very simple. American workers are lazy and totally unproductive.

Economists from the Economist Intelligence Unit (EIU) predict that between now and 2019, factory wages in Indonesia will increase by about 48% to $0.74/hour, while wages in the U.S. will increase by just 12% to $42.82/hour.

So despite the fact that factory wages are expected to grow four times faster in Indonesia than in the U.S., Indonesian factory workers will still be making approximately 58 times less than their American counterparts five years from now.

Tell me, would you as a business hire your workers in Indonesia or the US..As patriotic as you are.

Trump says that he will introduce a 35% tax on companies that produce outside the country.

Let me tell you how utterly stupid that idea is.

All computer firms produce their computers outside the country. The iPhone and Macs, Nike, addidas, Fubu, Ford has plants even in Canada, GM in Canada, most car parts are made outside the country for logistical reasons....I mean even T-shirts.

So he gets to pass this new tax in his first 100 days...I promise you it was hot air he won't. Another con game.

These companies are not in the business of swallowing tax expenses in their balance sheets. They will just increase their pricing to reflect the new tax.

So all of a sudden a shoe that cost 10 dollars will now become 13 dollars. And so on and so on.

It won't take long before the same lazy american starts complaining about higher prices and then we have inflation etc....

I mean you just can't cook up the lies from this fellow.

There's reality and then their's Trump. The American economy changed irreversibly in the Clinton era and more in the Bush era. It is not going back to manufacturing.

No one however patriotic is going to give a high school educated lazy person who sees working 6 hours a day as torture $40 an hour. No one. Not even Trump.

My quote is from Bloomberg http://www.bloomberg.com...mes-indonesia-s-by-2019

As for enticing companies to move to the US?

Two ways

1. Lower taxes
2. Destroy the unions
3. Increase immigration just as the Canadians have done. By the way have you noticed that the sharktank is mainly made of Canadian businessmen and entreprenuers who make it a point to reduce costs by manufacturing outside the country?

Lowering taxes for the rich companies is exactly what these voters say they don't want to hear.

Destroying the unions so that you can get cheaper labor will get anyone removed from gov't in a week.

The only way that the US can win worldwide is to become more efficient or find industries that they beat everyone else at.

Threatening companies just won't work. They'll just increase their prices as there's no CEO who will go to their shareholders with a balance sheet that's down because he loves America.

They created the capitalist economy, they have to lay in the bed they made.

You gotta love the way the markets are cheering the return of Reaganomics plus infrastructure spending. Result a spike in US inflation is coming up. Emerging markets will see US capital going back home with the tax cuts and tax holidays. Muscular dollar on the way