ETF Trendslast year
In a recent interview with CNBC, U.S. President Donald Trump unsurprisingly made his discontent known, saying he's "not happy" about the Federal Reserve's latest monetary policy moves to raise interest rates. President Trump's comments also stem from concern that a rising dollar in conjunction with rising rates will discourage investment from abroad. Looking at the U.S. Dollar Index Chart, the greenback has been gaining strength, particularly within the past few months where it has ticked above its 50-day simple moving average. While rising rates may not conjure up thoughts of excitement for President Trump, fixed-income investors allocating their capital into ETFs that feature a floating rate component are rejoicing.