Mike Norman is currency trader and economist who is a proponent of Modern Monetary Theory (MMT). He writes a blog at www.mikenormaneconomics.blogspot.com.

On dips, which will be the result of inflation, buy equities, gold and commodities.
Let's take a wait-and-see attitude to whether Trump will stimulate the economy or not.
If Trump follows the counsel of the fiscal hawks he wants in his administration, we will have a recession.
The U.S. dollar has topped out, and most likely it has done so for the long term.
Meanwhile, it looks like inflation is gaining momentum.
That's what rate hikes will do, like I said.
Raise interest rates and prices, generally and across the board, will go higher; just watch.
This is one of the problems with economics.
The Fed -- and probably Congress -- will only enable it.
Higher interest rates mean higher prices, which leads to inflation, which weakens a currency.

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