2024-07-03 09:55:40 ET
Summary
- A great deal more uncertainty surrounds the future of the U.S. presidency than existed last Thursday afternoon.
- As a consequence, a great deal more uncertainty surrounds the future of the U.S. dollar now, than existed last Thursday afternoon.
- Investors need to keep their eye on the value of the U.S. dollar to follow how investors are reacting to the evolving state of the upcoming presidential election.
I just wrote about the value of the U.S. dollar.
It was posted around 1:00 pm on the east coast, last Thursday.
The presidential debate took place last Thursday, beginning at 9:00 pm.
So, today I read in the Financial Times, " Fate of dollar rest on result of U.S. election," written by Barry Eichengreen, professor of economics and political science at the University of California....
Read the full article on Seeking Alpha
For further details see:
The Fate Of The U.S. Dollar