is the dollar done rising, or just catching its breathe?
One of the most important, if not the most important market, the dollar is battling for the next chapter in its history. With the current environment of CPI over 5%, more stimulus in the works, FED still sticking to buying assets, Low overnight rates, and large growing national debt ceiling on the table again, the dollar is a big deal right now. My bias is a dollar to the down side as investors will discount the inflation in bonds and dollars. To the dollar upside, any large fear wave in asset prices or chaos in other risk currencies would make me look to dollar upside.
My best guess, I would think a stock dip that becomes a correction should be on the way, and in one scenario it could be partially or mostly be caused by a sell off in bonds and dollars.
Otherwise, a stock sell off correction could also be the reason that bonds and dollars rise if they are seen as safety.
The first scenario is my bias and best guess.
dont listen to me, I know nothing and will lose you money.
My best guess, I would think a stock dip that becomes a correction should be on the way, and in one scenario it could be partially or mostly be caused by a sell off in bonds and dollars.
Otherwise, a stock sell off correction could also be the reason that bonds and dollars rise if they are seen as safety.
The first scenario is my bias and best guess.
dont listen to me, I know nothing and will lose you money.