On April 9th, we had the fast fastest recovery from a 15% drawdown in history. And I would point to President Trump's first term. Over the first year The dollar went down about 7% when the tax cuts and job acts were passed in December. Then over the ensuing few years the dollar went up and the value of the dollar, it could mean that other countries currencies are strengthening. The index that you're referring to is the dxy. (11:58–12:08)
CLAIM
Asserts that the dollar decreased by about 7% following the passage of the tax cuts and job acts.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
