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Resilient Dollar, Higher Risks
371 sats \ 2 comments \ @EconVerse 23 Oct Stacker_Stocks
A TS Lombard report highlights that the dollar is likely to strengthen after the Fed's first rate cut, driven by solid US data and weak macroeconomics in Europe and Japan.
Meanwhile, emerging market assets have de-correlated with the S&P and the USD in relation to 2023, but remain vulnerable to shocks: a US recession or banking collapse would still have strong contagion, especially in FX and local debt.
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0 sats \ 0 replies \ @BlokchainB 24 Oct
I think the dollar will get stronger Japan and Europe are in trouble
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0 sats \ 0 replies \ @beyond_turbulence 23 Oct
A new report?
From (insert holy priest) surveys the global skyline, its focus fixed on the Dollar Tower—a structure poised to add more gleaming floors after a private corporation or two strengthen a foundational adjustment. Retrofitting?
Its strength, they note, is driven by robust U.S. of A. —a deep, reinforced concrete core—while the gold across a vast sea and an island or two construct an alternate universe, not!
They lag, their steel frames rising in fits and starts.
Meanwhile, in the emerging world, architects are drafting a new aesthetic—one that diverges from the Anasazi design of the public puebol Plaza and Jiva!
The Dollar Tower's dominance?
Yes, a newfound neighbor is truly independent. Not! Fiat independence !
This is built on lighter, topological materials, not a veneer more beautiful than brawn. A sudden seismic shock from a U.S. of A. brute force attack or a crack in the global banking foundation could still send tremors through halls and corridors, shattering currency-rated glass and buckling the support of a local cash market or thrice...
The world's skyline continues its ascent—some towers still climbing, but more cranes than structures! Not a 25 hour round the clock construction? Get serious!
W/ power, others pause at their own reflection, jealous and current height—but all are built, upon the same ancient, interconnected grid.
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