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Economics and investment report: finding shelter in a currency storm

Trump wants to maintain a strong dollar and may take radical steps to that end

By Duncan Weldon   October 2019

Photo: Ting Shen/Xinhua News Agency/PA Images

Despite escalating global trade tensions and anxiety about the risks of recession, the US economy continues to put in a decent performance. Growth remains steady if not spectacular, and the tighter labour market is finally producing earnings growth. But US outperformance has consequences—and Donald Trump is not pleased with them.

Over the past months, Trump has frequently taken to Twitter to complain about the strength of the US dollar and castigate Federal…

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