When the Federal Reserve raises interest rates more than the central banks of the other six countries whose currencies make up the dollar index, it can strengthen the value of the US dollar.
When will the Fed pivot? Next month? Next year? In 3 years?
“I still believe in a Fed Pivot. We have another 3.5 weeks until November 2nd.” — Luke Gromen
Everything we get must in some way be paid for. The world is full of so-called economists who in turn are full of schemes for getting something for nothing. They tell us that government can spend without taxing at all; that it can continue to pile up debt without ever paying it off.
The best books on finance and investing, covering topics from personal finance to cryptocurrencies to tax strategy.
Investments that seem riskier appear like they will make higher returns. But if high-risk assets always gave higher returns, they wouldn’t be high risk.
Throughout history, the currency or commodity with the highest stock-to-flow ratio has become the widely adopted money.