Maybe Norway is the only safe banking environment.
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Trumpflation!
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Surging since the American election result, the U.S. dollar is now at a 14-year high . . .
Global investors are definitely buying into Trumpflation and rising U.S. interest rates ahead. Dec Fed rate hike appears more likely.
But this dollar strength also has serious consequences to U.S. exports and manufacturing sectors. Asian and European trade may likely be impacted.
Add-to-the-mix, a worrisome estimated $13 trillion U.S. commercial real estate bubble is becoming a concern. Market jolts possible.
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