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Monthly Archives: August 2020
US dollar down, but is it out?
As I noted last week in US dollar stalks risk markets everywhere, the most defining force in markets globally since March has been a falling US dollar, which has boosted the price of assets on the opposite end of the … Continue reading
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This bounce is not a recovery
Two worthwhile reads this sunny August amid casino-quality financial markets: The first is foreign affairs expert Ian Bremmer’s latest piece in Time Magazine, see: The Next Global Depression is Coming and Optimism Won’t Slow it Down. It includes this illuminating … Continue reading
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US dollar stalks risk markets everywhere
After weakening since the end of March, the US dollar index had the most negative month in a decade in July as US Treasury rates slumped, government spending leapt and plunge protection teams pumped equity futures nightly. The consensus is … Continue reading
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