The mighty dollar, ordinarily a safe haven during times of market-based stress, is falling apart, and its ongoing year-to-date slide is pointing to a much bigger problem for all U.S. assets. read more
Friday, April 11, 2025
The mighty dollar, ordinarily a safe haven during times of market-based stress, is falling apart, and its ongoing year-to-date slide is pointing to a much bigger problem for all U.S. assets. read more Comments
|
This makes sense.
When the Trump tax cuts go through and the debt ceiling is raised, there are going to be far fewer overseas buyers for US debt. Given the weakness of the dollar relative to most other currencies, coming in and buying large swaths of places like Yellowstone or Yosemite might be attractive. At least it might mean the US doesn't have to start printing money as quickly.