Looking at it from one angle yes. A weaker currency boosts exports and inflation (currently good for America now) but on the flipside, inflation will only rise when America exports goods to countries with stronger currencies. Japan tried to weaken their currency in 2013 to boost exports and flopped, blaming it on low international demand. Exports shall be uncompetitive considering the high cost of manufacturing in the US. Thus the weaker currency shall not help

look at what happened post election to eurusd. I tend to think bearish sentiment might continue for a while before many come into terms with the reality.

Obi 1 therein lies the problem with the Trump vote. He promised what even he knows is a very complicated issues.

So he deports 5 million illegals. Those illegals were paying rent, paying taxes, paying for services and goods. Immediately, you drop your revenues. I'm not saying its even ever going to happen, but in case it happens, it shall be an economic disaster.

Don't believe those stories about illegals or criminal aliens. Most of them have well paying jobs and earn more than the lazy american worker.

Also note how the American economy is currently constituted. It's not the old system of building a tyre and selling it. It's now about shares and stocks and financial gaming and selling ideas such as facebook worldwide.

The American worker who's complaining about jobs is the same one who's going to complain about his retirement fund dropping in value. The retirement fund is investing in Nike to sell shoes to the world. Trump comes along and tells Nike that they must bring back the job to America. Nike profits fall due to an increase in production costs. The American worker doesn't get a return from his retirement fund and all of a sudden they hate Trump coz the economy crashed.

Someone needs to tell these people that there's no manufacturing jobs coming to America soon. They have even refused to fund their green tech industries because they are unamerican. And have now voted a president who says global warming is a hoax.

Meanwhile with the falling dollar, the oil they covet so much shall drop.. I mean. You can't write these stuff up.

You can't help these lazy people.

@alma1, this is where we differ. Who says Nike must produce in America for the world. Nike will produce in America for America and in China for the world.

Sometimes I wonder, how did SouthAfrica make it during Apartheid yet they have a small white population with purchasing power. They were able to build large industry, car plants, agricultural behemorths despite the Apartheid sunctions. Fast forward, America has a population of 300 million , many quite well off with serious purchasing power. No industry/ company will shun that market. They will make in America, for America. Americans will buy Made in America because it will be that or an over priced Chinese import. Manufacturer and millionares will be happy coz of promised tax cuts. Illegal immigrants are out. Hard working Americans will earn a living. I am no economist but from where I seat, I see no reason why its not do able.