Reported about 10 hours ago
Historically, a weakening US dollar has not bode well for stock markets. As the dollar hit a three-year low, Trivariate Research's Adam Parker analyzed 16 past instances of dollar weakness, finding that the US equity market's median performance was significantly low during these periods—currently down over 7% year-to-date. While some countries showed gains, the US lagged behind nations like Spain and Colombia. Factors such as the Trump administration's inconsistent tariff policies and concerns over Federal Reserve independence are contributing to current market volatility, indicating potential caution for investors.
Source: YAHOO