Global slowdown: Is the dollar a good hedge?

✍ Scribed by Damir Tokic

• Book ID: 102297949
• Publisher: John Wiley and Sons
• Year: 2008
• Tongue: English
• Weight: 173 KB
• Volume: 20
• Category: Article
• ISSN: 1044-8136
• DOI: 10.1002/jcaf.20443

✦ Synopsis

Abstract

The euro has been a good hedge against the political and economic issues affecting the U.S. economy since 2001. But now, despite a weak U.S. economy, there are signs that the U.S. dollar might be a safe haven for cash and money market deposits in the future.

The author discusses the reasons behind the recent depreciation of the U.S. dollar, and the fundamental changes that could strengthen the dollar in the near future. © 2008 Wiley Periodicals, Inc.