The U.S. is an oasis amidst global economic chaos. I expect the U.S. dollar to strengthen and for interest rates to steadily decline in a “flight to quality".
Though Beijing would like to see the yuan supplant the dollar as the world’s premier international currency, China’s currency faces a steep uphill battle.
After a surge in American buying in China to beat the tariffs before they took effect, the shipping news in April and May reveals the significant downside.
The U.S. is an oasis amidst global economic chaos. I expect the U.S. dollar to strengthen and for interest rates to steadily decline in a “flight to quality".
Though Beijing would like to see the yuan supplant the dollar as the world’s premier international currency, China’s currency faces a steep uphill battle.
After a surge in American buying in China to beat the tariffs before they took effect, the shipping news in April and May reveals the significant downside.