A ‘death cross’ is coming for the dollar. Why Trump will be happy.

The dollar is facing a "death cross," a technical indicator suggesting a potential decline in value, which aligns with U.S. Treasury Secretary Scott Bessent's assertion of his control over financial markets. This situation could benefit President Trump, as a weaker dollar often boosts American exports and may help reduce trade deficits. While this might seem like bad news for investors, it could be seen as advantageous for Trump's economic agenda focused on domestic manufacturing and reducing reliance on foreign goods. The implications extend beyond just market fluctuations, potentially impacting trade negotiations and economic policies.