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Monday, January 2, 2017

US Economy: Re-Energized Dollar Looms Over the Rest of the World - by Ira Iosebashvili

On Wall Street, the rising dollar has been one of the most visible signals of growing optimism in the U.S. economy. For many other countries, it spells trouble.

Most analysts expect the U.S. currency to strengthen in 2017, extending a gain  that has boosted the value of US Dollarby more than one third since the US credit downgrade in 2011.

Note EU-Digest: the strength of the US economy could also be a Wall Street Fata Morgana created by Wall Street and the corporate controlled press - time will tell.

Read more: Re-Energized Dollar Looms Over the Rest of the World - WSJ