2min chapter

Forward Guidance cover image

Former Fed Trader: Rate Hikes Will Crash Markets | Joseph Wang

Forward Guidance

CHAPTER

The Dollar Rises in Emerging Markets

Dollar has risen since about March. When things are really good in the US, then you have a strong dollar because of global capital flows into the US. And when the world is really in the tough place, like it was last March, thenyou have a flight to safety to the dollar as well. So that does matter why right now, if I look across the world, I look at our markets, it seems like we have a huge boom in the US.

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