The World Needs the Dollar, Even a Battered One, Says This Strategist. Here's How to Play That.
US Morning News Call | Gold Soars to Record High as Dollar Hits Multi-Year Low
A historic week has passed, with both the US stock market and Bitcoin rising in the end, but the market has completely changed!
The volatility of US stocks has rarely exceeded that of Emerging Markets and Bitcoin, while US Treasuries, which have always been regarded as safe Assets, have experienced severe fluctuations, prompting investors to begin questioning the wisdom of holding USA Assets. UBS Group believes that once the Global risk-free interest rates fluctuate, it means that all markets will be disrupted. Analyst Ed Al-Hussainy pointedly stated, "I'm not really worried about a recession; I'm worried about a financial crisis."
US Morning News Call | China Raises Tariffs on U.S. Goods to 125%
Express News | USD index Down Below 100, the First Time Since July 2023
China's Foreign Exchange Reserves Rose in March