Will the Rising dollar hurt emerging economies? The US dollar has been the dominant currency this year as traders have bet on further rate hike rates from the Federal Reserve and an inflation burst from Donald Trump’s proposed fiscal stimulus measures. However, this week Donald Trump talked down the value of the dollar, and this retracement in the greenback was accompanied by a fall in US real bond yields. A marginally weaker dollar has also helped some emerging market bourses, and according to analysts at Jefferies, money market funds have seen an unwinding of the dollar hoarding experienced at year-end….
Rising US Dollar Will Lead To Instability In EMs
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk