Strange sell-off in the dollar raises the specter of investors losing trust in the US under Trump
43 Articles
43 Articles
'Surge': Rich Americans dump money into Swiss banks as Trump chaos creates dollar anxiety
Wealthy investors are looking to “diversify away from the dollar,” according to a new NBC report. The outlet claims these investors “believe [the dollar] will weaken even further under the weight of the soaring U.S. debt.” One country that's drawing them away is Switzerland because of its “neutral p...
Strange sell-off in the dollar raises specter of investors losing trust in U.S. under Donald Trump
Among the threats tariffs pose to the U.S. economy, none may be as strange as the sell-off in the dollar. Currencies rise and fall all the time because of inflation fears, central bank moves and other factors. But economists worry that the recent drop in the dollar is so dramatic that it reflects something more ominous as President Donald Trump tries to reshape global trade: a loss of confidence in the U.S. The dollar’s dominance in cross-border…
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