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The status of the US dollar may be under the status of a shelter for global capital, incorrect policies and increased trading barriers, warned fund managers.
On Friday, the currency fell a little lower against the euro to extend a slide to the European Trump’s US trade partners.
The alarm is not given a shelter in shelter in the shelter during the market volatility, “a tectonic landing for a tectonic landing for the world economy.
“There is a very good job for the exception of American dollars,” he said.
For decades, the relative stability of the US economy has allowed the dollar to operate in the world in the world around the world.
This allowed the United States to borrow in the current account and the government budget to borrow the “twin deficiencies” in a low price and finance.
However, the President’s aggressive trade agenda, between the international investors, US assets between US assets, including the loss of confidence between US assets, said they want money managers.
“Trump’s chaotic tariff policy defects the position as a safe shelter in the United States,” said Bert Flossbach, Flossbach Von Storch, Germany’s largest independent active manager
“Of course, the uncertainty of the US policy in the United States is likely to cause the use of the dollar in the global economy,” he said.
Edward Fisherman is the author Nonsense pointsA book about the US economic war, in addition to Trump’s tariffs, the president’s threats related to the rule of law and the independence of the Fed, he said, he said.
He predicted that this could be able to cross the “very polar” system, which plays a larger role in the euro.
Dollar decrease is particularly unusual, because global financial stress, usually strengthens the currency, because the investors are flawless to the US treasury bonds, which are in a hurry to denominate dollars.
Economists said that the currency of any country that applies import duties will be strengthened.
Mike Riddell, a stable income portfolio manager in Fidelity International, said that the productivity of a longer-term government bond, which has recently been a weaker US dollar. It looks like “good old capital flight.”
However, the economic advisers of the US President stressed the costs of a strong dollar in the past.
Chairman of the Council of the Council of the Council of the Economic Advisers Stephen Miran, the exchange rate of world reserve currency, US production of US production was artificially inflated.
Economists argue the dispute of Mira and increased their concerns that their mind could lead to more steps to reduce the cost of the dollar.
Michael Krautzberger, Allianz global income in global investors said global Cio: “The more conflict thinks, what can the next steps be?”
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