💰 Financial Record

This document appears to be a page from a macroeconomic report or financial strategy memo, likely produced during the House Oversight investigation (indicated by the footer). The text analyzes the strength of the US Dollar ('Dollar Smile' theory) following the election of Donald Trump in late 2016. The author argues that despite protectionist policies ('America First'), the dollar's dominance will remain, citing weaknesses in the Euro (EUR), Yen (JPY), and China's capital flight issues (USD 207 billion outflows in Q3 2016).