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Can The US Avoid Recession? A Lot Depends On The Dollar – altnews.org

Summary by altnews.org
Authored by Simon White, Bloomberg macro strategist, Near-term US recession risk is low, but there are pockets of weakness that
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In the three months since President Trump imposed tariffs on “Liberation Day,” and the days since his first wave of post-Independence Day trade letters, a question has been bouncing off the world’s financial capitals: “Is the dollar still healthy?” The answer is no, but the reason has little to do with tariffs. What the debate about the US currency overlooks is that the dollar is actively weakening, and so it has been for nearly a decade.

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CryptoPanic broke the news in on Thursday, July 10, 2025.
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