‘King Dollar’ Challenged…But Not Vanquished: Still No Substitute for the World’s Reserve Currency
By Chris Konstantinos, CFA SUMMARY We believe the US dollar will maintain its reserve currency status. The path of least resistance for the dollar is likely down in the near-term. Dollar weakness is usually not a bearish sign for stocks, unless accompanied by recession. Two summers ago, we wrote that we believed that the US Dollar [...] The post ‘King Dollar’ Challenged…But Not Vanquished: Still No Substitute for the World’s Reserve Currency appeared first on ETF Trends.
By Chris Konstantinos, CFA SUMMARY We believe the US dollar will maintain its reserve currency status. The path of least resistance for the dollar is likely down in the near-term. Dollar weakness is usually not a bearish sign for stocks, unless accompanied by recession. Two summers ago, we wrote that we believed that the US Dollar [...]
The post ‘King Dollar’ Challenged…But Not Vanquished: Still No Substitute for the World’s Reserve Currency appeared first on ETF Trends.
