Foley: Fed, Inflation Already Priced In to U.S. Dollar

The video discusses the implications of the FOMC meeting, highlighting the market's reaction to a weaker dollar and the anticipation of future news affecting the dollar's value. It explores the influence of Donald Trump's tweets on market dynamics, emphasizing the uncertainty they create. The discussion delves into the philosophical concept of the butterfly effect, examining how small actions can have significant global impacts. The video also considers the economic consequences of Trump's potential policies, particularly concerning NAFTA and trade relations with Mexico and China.

What was the market's reaction to the FOMC minutes?

• The dollar strengthened significantly.

• The dollar weakened.

• There was no change in the dollar.

• The dollar fluctuated wildly.

What is a major source of uncertainty in the market according to the second section?

• The stability of the Euro.

• Donald Trump's tweets and policy decisions.

• The outcome of the Brexit negotiations.

• The price of oil.

How do Trump's tweets affect CEOs and investors?

• They ignore them completely.

• They use them to make trading decisions.

• They consider them irrelevant.

• They only read them for entertainment.

What economic concept is discussed in the third section?

• The butterfly effect.

• The trickle-down effect.

• The multiplier effect.

• The substitution effect.

What percentage of Mexico's GDP is related to trade with the US?

• 25%

• 75%

• 10%

• 50%