weaker Dollar good for Americans bad for foreigners
Most afternoons London time / mornings New York time, I sit in on Buy Side Analyst presentations. Yesterday was no exception, and while these presentations tend to blur together, there are usually gems of wisdom that can be leveraged. Now
was asset allocation for the remainder of 2024. Started out with a review of the year to date performance of various US assets. And then stepped back to look at the macroeconomic picture, first considering America’s then developed and finally developing nations. I always find macroeconomic presentations the most interesting
rather an Econometrician, which means we apply quantitative models to the markets to arrive at an investment thesis. But I find macroeconomic discussion fascinating because economics is an inexact science at best, so opinions often vary wildly. Now this Analyst, of course, noted that
although sporadically, from my analysis. And she reported the impact on The American economy hadn’t been negative so far, before stating The US dollar is the
which of course, is true across a wide variety of axis. For example, we know foreign…
