The conflict in the Middle East has restored the US dollar’s status as a safe-haven asset, but that has also been its downfall. The inverse correlation with US stock indices amid growing global risk appetite has caused the USD index to hit three-year lows. Investors perceive the ceasefire as the end of the Twelve-Day War […]
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Treasury secretaries do not usually speak in terms of existential risk. Their language tends toward caution, precision, and careful hedging. What Scott Bessent said at a Wall Street Journal event in Washington on April 15 Read more…
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