Video: What's weighing on the US greenback

I spoke with BNNBloomberg yesterday concerning the weak spot within the US greenback up to now this yr and what’s driving it.

I highlighted six details that I additionally wrote about yesterday.

1. Tariff troubles sparking provide chain fears past easy inflation math, with markets nervous about potential cascading disruptions much like COVID expertise
2. Development agenda taking backseat to protectionism as tax minimize extensions supply restricted upside whereas coverage uncertainty creates enterprise headwinds
3. Deficit spending alarming bond markets with 7% GDP hole throughout full employment; Congress pushing towards potential 10% deficit with promised spending package deal
4. Institutional foundations of USD dominance (NATO, WTO, rule of legislation) eroding at tempo that threatens reserve forex standing; IP rights now potential vulnerability
5. Immigration crackdown threatening key labor forces in inflation-controlling sectors like agriculture and hospitality; no coherent coverage rising regardless of current rhetoric
6. Fed independence doubtlessly in danger after courtroom permits company firings, creating tail threat that might undermine elementary greenback credibility if Supreme Court docket upholds

This text was written by Adam Button at www.ubaidahsan.com.



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