Silver as an investment

Higher Risk, Rising Rates, Weaker Peso… Blame Trump?

If correlation is causation then there is only one 'thing' to blame for the sudden rise in interest rates, the tumble in the mexican peso, and the spike in volatility… Donald Trump's rising popularity.

 

As Hillary's odds tumble, the rising chance of a Trump presidency 'appears' to be making Mexican Peso holders nervous…

  • *MXN TO DAILY LOW 19.2101/USD, WEAKEST SINCE JUNE 24 BREXIT

It seems that Trump's odds crossing 42% also triggered a spike in risk (though we note the plunge in Trump odds and spike in VIX around the Brexit vote)…

 

And interest rates are rising as 'Fed-Truther' Trump exposes reality in the Yellen's manipulation…

 

And of course, as Trump surges, so China tumbles…

 

Or is it all just coincidence?

 

Charts: Bloomberg