Fed Unveils Field of Dreams Monetary Policy – Ep 767
The Peter Schiff Show Podcast
00:00
The Dollar Is Taking a Backseat to the US Dollar
The us. Dollar dropped almost 70 basis points on the day after being down maybe forty basis points yesterday. Investors are realizing that it doesn't matter if the fed hikes rates, becausea rate hikes that we get are going to be too little, too late to do anything to deral this inflationary freight train. The rotation is out of momentum into val you and also out of domestic stocks into foreign stocks. Buti a lot of the gains will be front loaded, in that the gains for rotating early will be much greater than those who rotate late.
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