Sign in with Google
bearish
The US Dollar and the Only Chart that Matters!
979 Views12 Dec 2024 13:41
Boomeranged on Thu, 16 Jan 2025 04:43
Bessent will tell a Senate committee maintaining the dollar as the world's reserve currency is critical to US economic health and the nation's future. Although no other currency is challenging the dollar, there seem so be a lot of talk in Washington about maintaining its hegemony. At the same time time through economic policies and rhetoric, Trump favors a weaker dollar to help US manufacturers.
SUMMARY
- The US Net International Investment Position (NIIP) as a debtor country has ballooned since the GFC, attracting global demand for US assets, which feeds demand for the dollar.
- Historically high dollar demand has allowed the US to enjoy the benefits of low interest rates and created a historic bull market in US equities.
- As the US continues to use its currency for geopolitical purposes, countries have begun to question dollar hegemony. The US fights against any country that tries to weaken the dollar
Trending Collections
More »Trending Insights
More »- FnGuide Top10 Index Rebalance Preview: Big Flow in Large Cap Stocks
- Horizon Robotics (9660 HK): Global Index Inclusion After April & October Lock-Ups
- Soundwill Holdings (878 HK): 23rd May Vote On Founder's Offer
- Soundwill Holdings (878 HK): Wide Spread Ahead of the 23 May Scheme Vote
- DN Solutions IPO Officially Withdrawn: Background and Key Takeaways
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
Top Quartile
David Mudd
Asian Hedge Fund Manager, Long Short Equity, Macro
- Technically Speaking, Breakouts and Breakdowns: HONG KONG (February 11)12 Feb 2025
- The Art of the Trade War: US/CHINA Opening Moves09 Feb 2025
- BUY/SELL/HOLD: Hong Kong Stock Updates (December 13)19 Dec 2024
- The US Dollar and the Only Chart that Matters!12 Dec 2024
- Trump's Dollar Plan Hits a BRIC(S) Wall01 Dec 2024
- CHINA TARIFFS: Fact and Fiction (Correction)28 Nov 2024
- HK/China: DOOM AND GLOOM? DON'T GET FOOLED AGAIN18 Oct 2024
x