XJO - Bear Posts only (Factors which might cause the markets to fall), page-22586

how many days to go? i gotta say, the Trumpmeister is definitely bringing some volatility. a lot of countries have made a lot of profit trading with the US over the years. a lot of that money went into US treasuries - so the US could continue spending. any neg pressure on US trade flows will likely see holders of US treasuries sell those. Tariffs will increase costs and prices in the US. The USD as the reserve currency of the world should start to see the rise of alternatives for cross border settlements and this would ultimately lead to large sells of USD and the inverse rice in price (relative) of the other alternatives.
It will be interesting to see how BIS, IMF etc react if each fiat gets sidelined for cross border settlements in the future.