Only going up to Trump his day! US-recession odds over 50%

Saxo Bank investment officer and the Chief Economist Steen Jakobsen Monday (5th) warned that Donald Trump was elected United States President fired after the dollar's rally, may soon end, but hurt the strong dollar in the past month, probably to the United States economy into recession. Jakobsen told the Reuters interview, January 20 next year, Donald Trump, and is likely when the dollar peaked.

He pointed out that people forget that Trump policy many of the spending plan, had to wait until October 1 next year, United States at the start of the next fiscal year, will enter into force. Jakobsen further stated that United States companies are likely to take a cautious towards investment, until he saw signs of accelerating economic growth, as President Ronald Reagan's first year in Office.

He believes that many United States companies are still in a State of wait-and-see, if they believe in tax cuts look, it has the ability to invest but Jakobsen determined, business owners will want to see the actual policy proposals. Finally Jakobsen pointed out that, historically, dollars are usually in the United States Federal Reserve (Fed) raised rates weakening, because investors expect higher interest rates to buy, finish up after the profit-taking. And although the market still expected United States inflation and interest rates will be raised, but he believes the Fed will raise interest rates next year 1, not even rise, because next year United States the probability of recession is higher than 50%.