From the Desk of Ian Culley @IanCulley
Bloomberg Businessweek plastered that message across its cover in October 2022 – a blaring yellow dollar sign front and center.
Those days are far behind us. The US dollar is trading well below its 2022 peak, and the mainstream media is expressing little concern about its rise.
Yet a series of fresh $DXY highs are causing many investors to fret.
I don’t blame them.