VTI - A Resurgent Dollar May Be A Headwind For The Stock Market
2024-03-27 12:23:30 ET
Summary
- Central banks globally shifting from rate hikes to rate cuts likely to strengthen the dollar in the coming weeks.
- A strong dollar could be a major obstacle for the U.S. equity market, tightening financial conditions.
- Other central banks being more dovish than expected compared to the Federal Reserve's stance.
The dollar will likely strengthen in the coming weeks as central banks globally shift from rate hikes to rate cuts. A more robust U.S. economy will likely leave the Fed as the last central bank to cut rates in 2024, and the least, leading to widening interest rate differentials....
A Resurgent Dollar May Be A Headwind For The Stock Market