4 min listen
De-Dollarization Goes Bust (10/3/23)
De-Dollarization Goes Bust (10/3/23)
ratings:
Length:
4 minutes
Released:
Oct 3, 2023
Format:
Podcast episode
Description
(10/3/23) The Volatility Index (VIX) has been on the rise for the past month, and now seems to have peaked. We're now watching for a buy signal as we get into the seasonally strong period of the year. Did the de-dollarization story just play out? Anytime there's high inflation, foreign currencies experience additional headwinds, particularly if there is a deviation between their currency and the dollar. It's a combination of dealing with inflation and the deviation in currency rates: A double tax, which is why some countries were trying to figure out how to do business not in the dollar. Since then, the dollar has rallied strongly, and is now extremely over-bought. Expect some weakness to return, but for now, dollar strength remains as foreign currency flows into the dollar to buy US Treasuries. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=3jfOu1CVsYE&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #MarketVolatility #Volatility Index #VIX #Dedollarization #CurrencyDeviation #ForeignCurrency #CurrencyFlow #USTreasuries #Markets #Money #Investing
Released:
Oct 3, 2023
Format:
Podcast episode
Titles in the series (100)
Lance W Mike Knox - Skulduggery At City Hall 7a 11 - 2-17 Seg - 3 (SHORT: City Councilman-at-Large Mike Knox describes how … by The Real Investment Show Podcast