What the falling U.S. dollar could mean for stocks 💸
A potential near-term tailwind for multinational U.S.-based corporations 💨
The U.S. dollar entered the year at multi-year highs against the world’s major currencies. Since then, it has tumbled to multi-year lows.
Analysts have pointed to a wide range of reasons for the move, including President Trump’s protectionist trade proposals, inflationary tariffs, rising government debt, the cooling U.S. economy, and expectations for the Federal Reserve to resume interest rate cuts.
A weak dollar is bad news for Americans vacationing abroad and for U.S. businesses importing goods from overseas.
