Commentary Why are market participants scared of a strong dollar? Because for years there was a massive carry trade against the U.S. dollar predicated on a bet that constantly printing currency and cutting rates would never create inflation. The world got used to betting on one thing—massive money supply growth—and the opposite—weak inflation. Cheap money…
Is a ‘Strong’ Dollar a Problem?; Economist: EU Faces Recession Without Russian Gas | NTD Business
Your dollars won’t buy you much more of anything these days, but they will buy you more euros, pounds, and yen. What risks does a “strong” U.S. dollar pose to the global economy? The European Union could face a recession if Russia cuts off its supply of natural gas. Will Russia do it? Chinese regulators stepping…
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