Many aspire to achieve financial freedom and stability in today’s fast-paced, economically challenged world. However, the ...
On today’s episode, NLW digs into the idea of the U.S. dollar as a global wrecking ball, and explores why the dollar is the strongest it has been against other currencies in 20 years.
Meaning, they are things on the chart traders and investors are watching. The dollar wrecking ball is threatening to come back. The dollar index (DXY) broke out of its downward trend in mid-August, ...
Or as economists like Stephen Innes at SPI Asset Management put it, the “dollar’s dominance” is poised to act as an “economic wrecking ball” for an Asia region already on edge.
This dynamic, exacerbated by the sheer amount of dollar debt that exists outside the United States’ domestic economy (due to the dollar’s world reserve currency status) is the reason that global ...